Insider Selling: Capital One Financial Corp. (COF) Director Sells 6,361 Shares of Stock

Capital One Financial Corp. (NYSE:COF) Director Ann F. Hackett sold 6,361 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $102.00, for a total value of $648,822.00. Following the completion of the sale, the director now directly owns 64,372 shares of the company’s stock, valued at $6,565,944. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Capital One Financial Corp. (COF) opened at $101.69 on Wednesday. The company has a market capitalization of $49,290.00, a price-to-earnings ratio of 14.26, a price-to-earnings-growth ratio of 1.38 and a beta of 1.28. Capital One Financial Corp. has a fifty-two week low of $76.05 and a fifty-two week high of $102.16. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, topping the consensus estimate of $2.15 by $0.27. The company had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. Capital One Financial’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $2.03 EPS. equities analysts predict that Capital One Financial Corp. will post 7.96 earnings per share for the current fiscal year.

Capital One Financial declared that its board has approved a stock repurchase program on Tuesday, December 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Several large investors have recently made changes to their positions in COF. Davis Selected Advisers increased its holdings in shares of Capital One Financial by 43.7% in the 3rd quarter. Davis Selected Advisers now owns 11,581,237 shares of the financial services provider’s stock valued at $980,149,000 after acquiring an additional 3,519,332 shares during the period. Point72 Asset Management L.P. increased its holdings in shares of Capital One Financial by 229.4% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,647,291 shares of the financial services provider’s stock valued at $139,460,000 after acquiring an additional 1,147,191 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Capital One Financial by 107.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,989,104 shares of the financial services provider’s stock valued at $164,340,000 after acquiring an additional 1,031,829 shares during the period. Capital World Investors increased its holdings in shares of Capital One Financial by 2.3% in the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock valued at $3,172,278,000 after acquiring an additional 849,047 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of Capital One Financial by 153.3% in the 2nd quarter. Renaissance Technologies LLC now owns 989,099 shares of the financial services provider’s stock valued at $81,719,000 after acquiring an additional 598,600 shares during the period. Institutional investors and hedge funds own 88.33% of the company’s stock.

Several equities research analysts have recently issued reports on COF shares. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Capital One Financial in a research note on Friday, September 15th. Zacks Investment Research lowered Capital One Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th. Piper Jaffray Companies assumed coverage on Capital One Financial in a research note on Thursday, September 21st. They issued an “underweight” rating and a $81.00 price objective for the company. Buckingham Research assumed coverage on Capital One Financial in a report on Monday, October 2nd. They issued a “buy” rating and a $99.00 price target on the stock. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $116.00 price target on shares of Capital One Financial in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $102.14.

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Capital One Financial Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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