Capital One Financial (NYSE:COF) Insider Sells $377,422.22 in Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,927 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $195.86, for a total transaction of $377,422.22. Following the sale, the insider owned 55,774 shares in the company, valued at approximately $10,923,895.64. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Celia Karam also recently made the following trade(s):

• On Tuesday, September 15th, Celia Karam sold 2,017 shares of Capital One Financial stock. The shares were sold at an average price of $206.07, for a total transaction of $415,643.19.
• On Monday, August 17th, Celia Karam sold 1,888 shares of Capital One Financial stock. The shares were sold at an average price of $225.52, for a total transaction of $425,781.76.

Capital One Financial Stock Performance

NYSE:COF opened at $205.98 on Thursday. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. The company has a fifty day simple moving average of $207.03 and a two-hundred day simple moving average of $200.80. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a market cap of $126.37 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.97 and a beta of 1.04.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.53 by $1.16. Capital One Financial had a return on equity of 11.54% and a net margin of 13.70%. The business had revenue of $16.31 billion for the quarter, compared to analysts’ expectations of $16.25 billion. During the same period last year, the firm earned $5.95 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. As a group, equities analysts anticipate that Capital One Financial Corporation will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s dividend payout ratio is 19.80%.

Key Capital One Financial News

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Capital One reported adjusted earnings of $6.69 per share, above the roughly $5.45–$5.50 analyst consensus, while revenue reached approximately $16.3 billion, up about 6% year over year. Net income rose to $3.54 billion, helping drive the favorable market reaction. Capital One Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profitability trends improved: net interest margin expanded to 8.41%, pre-provision earnings increased, and the provision for credit losses declined from the prior quarter. Domestic credit-card net charge-offs also improved to 3.98%. Capital One Reports $3.5 Billion Q3 Profit
• Positive Sentiment: Management said the Discover acquisition is progressing ahead of schedule, with annualized synergies reported at approximately $1.8 billion. Investors also noted share repurchases and continued growth in Global Payment Network transaction volume. Capital One Q3 Earnings Call Transcript
• Positive Sentiment: JPMorgan raised its COF price target from $227 to $241 and assigned an overweight rating. BMO also lifted its target from $219 to $225, though it retained a market perform rating, signaling upside potential but some analyst caution.
• Neutral Sentiment: Capital One plans to increase marketing and network investment to compete more aggressively, which could support long-term growth but may pressure near-term expenses. Capital One Will Step Up Marketing
• Negative Sentiment: Credit metrics were mixed: credit-card delinquencies of 30 days or more increased to 3.74%. In addition, several insiders have sold shares recently, although at least one transaction was conducted under a pre-arranged trading plan.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Piper Sandler lifted their price target on shares of Capital One Financial from $260.00 to $269.00 and gave the stock an “overweight” rating in a research note on Wednesday. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Capital One Financial in a research report on Thursday, August 20th. Morgan Stanley decreased their target price on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. Finally, Citigroup raised their price target on Capital One Financial from $280.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday. Nineteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $256.32.

Institutional Investors Weigh In On Capital One Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp boosted its stake in shares of Capital One Financial by 107.9% during the second quarter. State Street Corp now owns 57,278,732 shares of the financial services provider’s stock worth $11,491,259,000 after buying an additional 29,724,829 shares during the period. Bank of America Corp DE purchased a new position in shares of Capital One Financial during the second quarter worth about $1,435,311,000. Legal & General Group Plc acquired a new position in Capital One Financial in the 2nd quarter valued at about $680,983,000. Berkshire Hathaway Inc acquired a new position in Capital One Financial in the 2nd quarter valued at about $601,860,000. Finally, Canada Pension Plan Investment Board acquired a new position in Capital One Financial in the 2nd quarter valued at about $482,718,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

About Capital One Financial

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.