Neal Blinde Sells 43,200 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Neal Blinde sold 43,200 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the transaction, the insider directly owned 73,020 shares in the company, valued at $16,198,026.60. The trade was a 37.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Capital One Financial Trading Up 0.4%

COF stock traded up $0.95 during mid-day trading on Friday, hitting $217.83. 3,945,806 shares of the company were exchanged, compared to its average volume of 4,180,801. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The firm has a market capitalization of $139.31 billion, a P/E ratio of 91.91, a PEG ratio of 0.70 and a beta of 1.19. The business has a fifty day simple moving average of $219.47 and a 200-day simple moving average of $209.07. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion for the quarter. On average, equities research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be given a dividend of $0.80 per share. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, November 17th. Capital One Financial’s dividend payout ratio (DPR) is 101.27%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on COF shares. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. HSBC boosted their price target on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Evercore ISI raised their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Finally, TD Cowen lifted their price objective on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a report on Monday, October 6th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently made changes to their positions in COF. Moisand Fitzgerald Tamayo LLC grew its holdings in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC lifted its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its position in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 50 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Capital One Financial during the second quarter worth $27,000. Finally, Solstein Capital LLC acquired a new position in shares of Capital One Financial during the second quarter worth $28,000. 89.84% of the stock is owned by institutional investors and hedge funds.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.