Capital One Financial (NYSE:COF) CAO Timothy Golden Sells 3,487 Shares

Capital One Financial Corporation (NYSE:COF) CAO Timothy Golden sold 3,487 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the transaction, the chief accounting officer directly owned 7,429 shares in the company, valued at $1,567,519. This trade represents a 31.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Capital One Financial Stock Performance

Shares of COF stock opened at $210.18 on Friday. The stock has a fifty day moving average of $197.29 and a 200 day moving average of $198.95. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. The firm has a market capitalization of $128.94 billion, a price-to-earnings ratio of 13.01, a PEG ratio of 0.77 and a beta of 1.02. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter in the previous year, the business posted $5.48 earnings per share. The firm’s revenue for the quarter was up 26.9% compared to the same quarter last year. As a group, research analysts expect that Capital One Financial Corporation will post 20.19 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a dividend of $0.80 per share. The ex-dividend date is Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 19.80%.

Institutional Investors Weigh In On Capital One Financial

A number of institutional investors have recently made changes to their positions in the company. Brighton Jones LLC raised its position in Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after acquiring an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Capital One Financial by 118.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after acquiring an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Capital One Financial in the second quarter worth approximately $218,000. Finally, Jump Financial LLC bought a new stake in shares of Capital One Financial in the second quarter worth approximately $1,086,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on COF. BTIG Research raised their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. TD Cowen reduced their target price on Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada decreased their target price on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research report on Friday, April 10th. Argus lowered their target price on Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Twenty investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $259.14.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.