Richard D. Fairbank Sells 12,538 Shares of Capital One Financial Co. (NYSE:COF) Stock

Capital One Financial Co. (NYSE:COF) CEO Richard D. Fairbank sold 12,538 shares of the company’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $107.19, for a total transaction of $1,343,948.22. Following the completion of the transaction, the chief executive officer now owns 3,758,863 shares in the company, valued at approximately $402,912,524.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $109.06 on Thursday. The firm has a fifty day moving average price of $111.81 and a 200-day moving average price of $128.44. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $42.87 billion, a PE ratio of 4.79, a price-to-earnings-growth ratio of 0.31 and a beta of 1.44. Capital One Financial Co. has a 1 year low of $98.54 and a 1 year high of $177.95.

Capital One Financial (NYSE:COFGet Rating) last announced its quarterly earnings data on Thursday, July 21st. The financial services provider reported $4.96 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.11 by ($0.15). Capital One Financial had a return on equity of 17.07% and a net margin of 29.23%. During the same quarter in the previous year, the firm earned $7.71 earnings per share. Equities analysts anticipate that Capital One Financial Co. will post 20.24 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 19th. Investors of record on Monday, August 8th will be given a dividend of $0.60 per share. The ex-dividend date is Friday, August 5th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.20%. Capital One Financial’s dividend payout ratio is 10.54%.

Hedge Funds Weigh In On Capital One Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wilbanks Smith & Thomas Asset Management LLC boosted its position in shares of Capital One Financial by 0.7% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 14,232 shares of the financial services provider’s stock worth $1,483,000 after acquiring an additional 100 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Capital One Financial by 23.0% during the second quarter. Van ECK Associates Corp now owns 18,122 shares of the financial services provider’s stock worth $1,888,000 after acquiring an additional 3,391 shares during the last quarter. Stephens Inc. AR boosted its position in shares of Capital One Financial by 88.7% during the second quarter. Stephens Inc. AR now owns 3,766 shares of the financial services provider’s stock worth $392,000 after acquiring an additional 1,770 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Capital One Financial by 5.2% during the second quarter. Nisa Investment Advisors LLC now owns 155,096 shares of the financial services provider’s stock valued at $16,159,000 after purchasing an additional 7,679 shares during the last quarter. Finally, Janiczek Wealth Management LLC lifted its position in Capital One Financial by 48.4% during the second quarter. Janiczek Wealth Management LLC now owns 1,695 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 553 shares during the last quarter. Institutional investors own 89.31% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on COF. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and set a $145.00 target price on the stock in a research note on Friday, June 17th. TheStreet cut shares of Capital One Financial from a “b” rating to a “c+” rating in a report on Wednesday, June 29th. Morgan Stanley decreased their price objective on shares of Capital One Financial from $126.00 to $121.00 and set an “equal weight” rating for the company in a report on Friday, July 22nd. Piper Sandler decreased their price objective on shares of Capital One Financial to $125.00 in a report on Friday, July 22nd. Finally, Barclays reissued a “maintains” rating on shares of Capital One Financial in a report on Monday, July 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $151.60.

About Capital One Financial

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Capital One Financial Corporation operates as the financial services 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, Canada, and the United Kingdom. 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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