Kara West Sells 721 Shares of Capital One Financial Co. (NYSE:COF) Stock

Capital One Financial Co. (NYSE:COF) insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Capital One Financial Stock Performance

COF stock traded down $3.42 during trading on Tuesday, reaching $186.79. 3,283,792 shares of the company’s stock were exchanged, compared to its average volume of 2,562,762. Capital One Financial Co. has a 1-year low of $103.79 and a 1-year high of $198.30. The firm has a market cap of $71.26 billion, a PE ratio of 17.82, a P/E/G ratio of 1.38 and a beta of 1.43. The company’s fifty day moving average price is $154.34 and its 200-day moving average price is $145.24. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $4.45 earnings per share. On average, research analysts expect that Capital One Financial Co. will post 13.46 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be issued a $0.60 dividend. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.28%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Research Global Investors increased its holdings in shares of Capital One Financial by 72.8% during the 1st quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock worth $3,145,761,000 after acquiring an additional 8,900,241 shares during the last quarter. Eminence Capital LP acquired a new stake in Capital One Financial during the 2nd quarter valued at $127,465,000. Clearbridge Investments LLC lifted its holdings in Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock valued at $517,184,000 after purchasing an additional 549,665 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Capital One Financial by 123.4% during the 2nd quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after purchasing an additional 427,000 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Capital One Financial by 1,518.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock valued at $61,742,000 after purchasing an additional 386,870 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Citigroup began coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. Royal Bank of Canada increased their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Barclays lifted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Hold” and a consensus price target of $156.35.

Capital One Financial Company Profile

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.