Capital One Financial Corp. (NYSE:COF) Insider Sells $1,205,370.00 in Stock

Capital One Financial Corp. (NYSE:COF) insider Jory A. Berson sold 13,393 shares of the stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $90.00, for a total value of $1,205,370.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

NYSE:COF traded up $1.50 during trading hours on Monday, hitting $92.24. 1,732,900 shares of the stock traded hands, compared to its average volume of 2,327,762. The business’s 50 day simple moving average is $90.08. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.94. Capital One Financial Corp. has a fifty-two week low of $69.90 and a fifty-two week high of $101.26. The firm has a market capitalization of $42.61 billion, a price-to-earnings ratio of 8.48, a price-to-earnings-growth ratio of 0.91 and a beta of 1.25.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.68 by $0.22. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. The business had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.03 billion. During the same period in the prior year, the business posted $2.62 earnings per share. Capital One Financial’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Corp. will post 11.1 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc boosted its holdings in Capital One Financial by 1.2% during the third quarter. Vanguard Group Inc now owns 34,504,061 shares of the financial services provider’s stock valued at $3,275,469,000 after acquiring an additional 406,610 shares during the period. BlackRock Inc. lifted its stake in shares of Capital One Financial by 1.6% in the fourth quarter. BlackRock Inc. now owns 29,873,409 shares of the financial services provider’s stock valued at $2,258,131,000 after buying an additional 465,828 shares during the period. FMR LLC lifted its stake in shares of Capital One Financial by 7.3% in the first quarter. FMR LLC now owns 18,589,892 shares of the financial services provider’s stock valued at $1,518,608,000 after buying an additional 1,259,001 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in shares of Capital One Financial by 7,526.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 11,906,861 shares of the financial services provider’s stock valued at $158,000 after buying an additional 11,750,732 shares during the period. Finally, Harris Associates L P lifted its stake in shares of Capital One Financial by 6.4% in the fourth quarter. Harris Associates L P now owns 8,070,530 shares of the financial services provider’s stock valued at $610,052,000 after buying an additional 482,315 shares during the period. 88.66% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently commented on COF. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $95.00 to $115.00 in a research report on Tuesday, May 14th. Royal Bank of Canada reiterated a “sector perform” rating and set a $98.00 price objective on shares of Capital One Financial in a research report on Friday, May 3rd. ValuEngine upgraded Capital One Financial from a “sell” rating to a “hold” rating in a research report on Friday, April 26th. Finally, Zacks Investment Research downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $104.35.

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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