Capital One Financial (NYSE:COF) Director Peter Raskind Sells 1,681 Shares of Stock

Capital One Financial Corporation (NYSE:COF) Director Peter Raskind sold 1,681 shares of Capital One Financial stock in a transaction on Friday, November 6th. The stock was sold at an average price of $201.79, for a total transaction of $339,208.99. Following the sale, the director directly owned 32,715 shares of the company’s stock, valued at approximately $6,601,559.85. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Stock Performance

NYSE:COF opened at $198.63 on Tuesday. The firm has a market capitalization of $119.48 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 0.94 and a beta of 1.10. The business’s fifty day moving average price is $203.26 and its 200 day moving average price is $200.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share for the quarter, beating analysts’ consensus estimates of $5.53 by $1.16. The company had revenue of $16.31 billion for the quarter, compared to analysts’ expectations of $16.25 billion. Capital One Financial had a return on equity of 11.64% and a net margin of 13.70%. Capital One Financial’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $5.95 earnings per share. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 21.53 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be issued a $0.80 dividend. The ex-dividend date is Monday, November 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio is presently 18.89%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on COF shares. TD Cowen boosted their price target on shares of Capital One Financial from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, October 21st. Morgan Stanley decreased their price objective on shares of Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $227.00 to $241.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Evercore reiterated an “outperform” rating and set a $230.00 target price on shares of Capital One Financial in a research report on Tuesday, October 27th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on Capital One Financial in a report on Thursday, August 20th. Twenty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.50.

Hedge Funds Weigh In On Capital One Financial

A number of large investors have recently modified their holdings of the business. Compass Wealth Management LLC purchased a new position in Capital One Financial in the 3rd quarter valued at approximately $25,000. Solstein Capital LLC acquired a new position in Capital One Financial during the second quarter worth $26,000. Torren Management LLC boosted its position in Capital One Financial by 114.8% during the third quarter. Torren Management LLC now owns 131 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 70 shares in the last quarter. Gilpin Wealth Management LLC purchased a new stake in Capital One Financial during the third quarter worth $27,000. Finally, Ballast Advisors LLC purchased a new stake in Capital One Financial during the first quarter worth $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Company Profile