Frank LapradeIii Sells 17,840 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Frank LapradeIii sold 17,840 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the transaction, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. This represents a 26.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Capital One Financial Stock Down 0.2%

Shares of COF stock opened at $200.61 on Wednesday. The stock has a market cap of $127.53 billion, a P/E ratio of 84.64, a PEG ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $232.45. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The company’s fifty day simple moving average is $217.89 and its two-hundred day simple moving average is $211.42.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.46 billion during the quarter. Analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is presently 135.02%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Zacks Research raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Barclays upped their price target on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a research note on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective for the company. HSBC boosted their target price on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors have recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC lifted its stake in Capital One Financial by 588,668.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after purchasing an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Capital One Financial by 0.3% during the third quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock valued at $12,018,671,000 after buying an additional 156,254 shares during the last quarter. State Street Corp raised its holdings in shares of Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after buying an additional 10,776,843 shares during the period. Geode Capital Management LLC lifted its stake in shares of Capital One Financial by 64.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock worth $2,970,628,000 after acquiring an additional 5,474,328 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Capital One Financial by 12.8% during the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock valued at $2,516,587,000 after acquiring an additional 1,339,215 shares during the period. Institutional investors own 89.84% of the company’s stock.

About Capital One Financial

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.