John G. Finneran, Jr. Sells 47,729 Shares of Capital One Financial Corp. (COF) Stock

Capital One Financial Corp. (NYSE:COF) insider John G. Finneran, Jr. sold 47,729 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $99.23, for a total value of $4,736,148.67. Following the completion of the transaction, the insider now directly owns 144,280 shares in the company, valued at $14,316,904.40. The transaction was disclosed in a filing with the SEC, which is available at this link.

Capital One Financial Corp. (COF) traded up $1.98 during trading hours on Thursday, hitting $101.42. The stock had a trading volume of 2,149,105 shares, compared to its average volume of 2,045,433. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06. The stock has a market cap of $49,160.00, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.39 and a beta of 1.28. Capital One Financial Corp. has a 52-week low of $76.05 and a 52-week high of $102.16.

Capital One Financial (NYSE:COF) last posted 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 firm had revenue of $6.99 billion during the quarter, compared to analyst estimates 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 revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.03 EPS. research analysts anticipate that Capital One Financial Corp. will post 7.97 earnings per share for the current year.

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

Large investors have recently bought and sold shares of the company. South State Corp increased its stake in shares of Capital One Financial by 9.2% in the 2nd quarter. South State Corp now owns 65,457 shares of the financial services provider’s stock worth $5,408,000 after purchasing an additional 5,510 shares in the last quarter. Bank of Nova Scotia increased its stake in shares of Capital One Financial by 70.8% in the 2nd quarter. Bank of Nova Scotia now owns 187,907 shares of the financial services provider’s stock worth $15,525,000 after purchasing an additional 77,861 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Capital One Financial in the 3rd quarter worth $1,635,000. Norinchukin Bank The increased its stake in Capital One Financial by 9.5% in the 3rd quarter. Norinchukin Bank The now owns 43,270 shares of the financial services provider’s stock worth $3,663,000 after buying an additional 3,743 shares in the last quarter. Finally, CNA Financial Corp increased its stake in Capital One Financial by 20.6% in the 2nd quarter. CNA Financial Corp now owns 31,827 shares of the financial services provider’s stock worth $2,630,000 after buying an additional 5,427 shares in the last quarter. Hedge funds and other institutional investors own 88.33% of the company’s stock.

COF has been the topic of several analyst reports. Morgan Stanley cut Capital One Financial from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $97.00 to $83.00 in a research report on Friday, September 8th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Capital One Financial in a research report on Friday, September 15th. Zacks Investment Research lowered shares of 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 shares of Capital One Financial in a research note on Thursday, September 21st. They set an “underweight” rating and a $81.00 target price for the company. Finally, Buckingham Research assumed coverage on shares of Capital One Financial in a research note on Monday, October 2nd. They set a “buy” rating and a $99.00 target price for the company. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the stock. Capital One Financial presently has a consensus rating of “Hold” and a consensus price target of $100.95.

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About Capital One Financial

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.

Insider Buying and Selling by Quarter for Capital One Financial (NYSE:COF)

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