Insider Selling: Capital One Financial Corp. (NYSE:COF) Insider Sells $97,490.04 in Stock

Capital One Financial Corp. (NYSE:COF) insider Kleber Santos sold 2,263 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $43.08, for a total transaction of $97,490.04. Following the completion of the sale, the insider now owns 22,304 shares in the company, valued at $960,856.32. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of NYSE:COF opened at $52.34 on Thursday. The company has a market cap of $23.29 billion, a price-to-earnings ratio of 4.21, a PEG ratio of 0.50 and a beta of 1.25. The firm’s 50-day simple moving average is $84.45 and its 200-day simple moving average is $93.97. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.95. Capital One Financial Corp. has a fifty-two week low of $38.00 and a fifty-two week high of $107.59.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $2.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.35 by $0.14. The business had revenue of $7.40 billion for the quarter, compared to the consensus estimate of $7.32 billion. Capital One Financial had a net margin of 16.40% and a return on equity of 10.67%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.87 earnings per share. On average, research analysts forecast that Capital One Financial Corp. will post 11.37 EPS for the current year.

COF has been the topic of several research analyst reports. Morgan Stanley cut their price target on shares of Capital One Financial from $104.00 to $93.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Nomura raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $111.00 to $105.00 in a research report on Friday, March 20th. Citigroup raised their price objective on shares of Capital One Financial from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. UBS Group downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and set a $108.00 price objective on the stock. in a research report on Tuesday, January 7th. Finally, Robert W. Baird reissued a “buy” rating and set a $115.00 price objective on shares of Capital One Financial in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $113.57.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Capital One Financial during the fourth quarter worth about $509,327,000. FMR LLC raised its position in Capital One Financial by 5.0% during the fourth quarter. FMR LLC now owns 19,367,325 shares of the financial services provider’s stock worth $1,993,091,000 after acquiring an additional 920,777 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Capital One Financial by 9.5% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 4,726,673 shares of the financial services provider’s stock worth $486,422,000 after acquiring an additional 410,775 shares during the last quarter. Hexavest Inc. acquired a new position in Capital One Financial during the fourth quarter worth about $39,709,000. Finally, Polaris Greystone Financial Group LLC acquired a new position in Capital One Financial during the fourth quarter worth about $32,259,000. Hedge funds and other institutional investors own 90.38% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Insider Buying and Selling by Quarter for Capital One Financial (NYSE:COF)

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