Frank G. LapradeIii Sells 15,751 Shares of Capital One Financial Co. (NYSE:COF) Stock

Capital One Financial Co. (NYSE:COF) insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $157.13 on Tuesday. The company has a market cap of $59.74 billion, a P/E ratio of 12.30, a PEG ratio of 1.22 and a beta of 1.44. Capital One Financial Co. has a one year low of $88.23 and a one year high of $160.45. The business’s 50-day simple moving average is $146.26 and its 200 day simple moving average is $142.51. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter last year, the company posted $3.52 earnings per share. Capital One Financial’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Co. will post 12.87 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a yield of 1.53%. Capital One Financial’s payout ratio is currently 18.79%.

Institutional Trading of Capital One Financial

Several large investors have recently modified their holdings of COF. LRI Investments LLC acquired a new stake in Capital One Financial in the first quarter valued at $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new position in Capital One Financial in the second quarter worth about $36,000. Finally, Versant Capital Management Inc increased its holdings in Capital One Financial by 391.5% in the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock valued at $40,000 after buying an additional 231 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on COF shares. Bank of America increased their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price objective on shares of Capital One Financial in a report on Thursday, July 25th. Barclays boosted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Finally, Evercore ISI lowered their price objective on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research note on Monday, October 7th. Twelve analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $151.56.

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.