Insider Selling: Ann F. Hackett Sells 1,840 Shares of Capital One Financial Corp. Stock (COF)
Capital One Financial Corp. (NYSE:COF) Director Ann F. Hackett unloaded 1,840 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $83.00, for a total transaction of $152,720.00. Following the completion of the sale, the director now directly owns 51,407 shares in the company, valued at approximately $4,266,781. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Capital One Financial Corp. (NYSE:COF) traded down 1.25% during mid-day trading on Tuesday, hitting $82.45. 3,538,361 shares of the company’s stock traded hands. Capital One Financial Corp. has a 52-week low of $59.81 and a 52-week high of $83.89. The stock’s 50-day moving average is $78.7 and its 200-day moving average is $75.06. The company has a market cap of $47.079 billion and a P/E ratio of 11.68.
Capital One Financial Corp. (NYSE:COF) last issued its quarterly earnings data on Wednesday, April 16th. The company reported $1.96 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.67 by $0.29. The company had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.45 billion. During the same quarter last year, the company posted $1.79 earnings per share. Capital One Financial Corp.’s revenue was down 3.3% compared to the same quarter last year. On average, analysts predict that Capital One Financial Corp. will post $7.17 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on COF shares. Analysts at Nomura upgraded shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating in a research note on Monday, June 9th. They now have a $94.00 price target on the stock, up previously from $75.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Capital One Financial Corp. in a research note on Monday, June 2nd. They now have a $83.00 price target on the stock. Finally, analysts at Rafferty Capital Markets upgraded shares of Capital One Financial Corp. from a “hold” rating to a “buy” rating in a research note on Monday, April 21st. They now have a $94.00 price target on the stock, up previously from $74.50. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $83.56.
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries.
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