Insider Selling: Robert Alexander Sells 9,104 Shares of Capital One Financial Corp. Stock (COF)
Capital One Financial Corp. (NYSE:COF) Insider Robert Alexander sold 9,104 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $76.74, for a total value of $698,640.96. Following the completion of the sale, the insider now directly owns 80,628 shares of the company’s stock, valued at approximately $6,187,393. The sale was disclosed in a document filed with the SEC, which is available at this link.
Capital One Financial Corp. (NYSE:COF) traded up 0.84% during mid-day trading on Thursday, hitting $77.25. The stock had a trading volume of 3,070,336 shares. Capital One Financial Corp. has a 52-week low of $50.21 and a 52-week high of $76.71. The stock has a 50-day moving average of $72.15 and a 200-day moving average of $68.71. The company has a market cap of $44.983 billion and a price-to-earnings ratio of 11.06.
Capital One Financial Corp. (NYSE:COF) last announced its earnings results on Thursday, October 17th. The company reported $1.86 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.76 by $0.10. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.58 billion. During the same quarter in the prior year, the company posted $2.01 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. On average, analysts predict that Capital One Financial Corp. will post $7.06 earnings per share for the current fiscal year.
COF has been the subject of a number of recent research reports. Analysts at FBR Capital Markets raised their price target on shares of Capital One Financial Corp. from $82.00 to $85.00 in a research note to investors on Friday, December 20th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of Capital One Financial Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 3rd. They now have a $76.00 price target on the stock. Finally, analysts at Janney Montgomery Scott raised their price target on shares of Capital One Financial Corp. from $70.00 to $75.00 in a research note to investors on Friday, October 18th. They now have a “neutral” rating on the stock. Six equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Capital One Financial Corp. currently has a consensus rating of “Buy” and a consensus price target of $75.72.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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