Capital One Financial Corp. (NYSE:COF) insider Yajnik Sanjiv sold 10,086 shares of the business’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $105.00, for a total value of $1,059,030.00. Following the sale, the insider now owns 71,367 shares of the company’s stock, valued at $7,493,535. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Yajnik Sanjiv also recently made the following trade(s):
- On Friday, December 22nd, Yajnik Sanjiv sold 156,278 shares of Capital One Financial stock. The shares were sold at an average price of $100.00, for a total value of $15,627,800.00.
Capital One Financial Corp. (COF) opened at $104.38 on Friday. Capital One Financial Corp. has a 12-month low of $76.05 and a 12-month high of $106.47. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.06 and a current ratio of 1.07. The firm has a market capitalization of $50,600.00, a PE ratio of 14.64, a PEG ratio of 1.03 and a beta of 1.28.
Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.15 by $0.27. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The firm had revenue of $6.99 billion for the quarter, compared to analysts’ expectations of $6.81 billion. During the same period in the previous year, the firm earned $2.03 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. sell-side analysts predict that Capital One Financial Corp. will post 7.98 earnings per share for the current year.
Capital One Financial declared that its board has authorized a share buyback plan on Tuesday, December 26th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.
Hedge funds have recently bought and sold shares of the company. Bank of Nova Scotia lifted its position in shares of Capital One Financial by 70.8% during the 2nd quarter. Bank of Nova Scotia now owns 187,907 shares of the financial services provider’s stock valued at $15,525,000 after buying an additional 77,861 shares in the last quarter. Quantbot Technologies LP purchased a new position in Capital One Financial in the 3rd quarter worth approximately $1,635,000. Norinchukin Bank The lifted its holdings 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 purchasing an additional 3,743 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Capital One Financial by 24.3% in the 3rd quarter. Private Advisor Group LLC now owns 13,372 shares of the financial services provider’s stock worth $1,160,000 after purchasing an additional 2,613 shares in the last quarter. Finally, Toronto Dominion Bank lifted its holdings in Capital One Financial by 49.2% in the 3rd quarter. Toronto Dominion Bank now owns 190,754 shares of the financial services provider’s stock worth $16,148,000 after purchasing an additional 62,865 shares in the last quarter. 88.33% of the stock is currently owned by hedge funds and other institutional investors.
COF has been the subject of a number of recent research reports. BMO Capital Markets restated a “buy” rating and set a $116.00 price target on shares of Capital One Financial in a research note on Friday, October 6th. Buckingham Research initiated coverage on Capital One Financial in a research note on Monday, October 2nd. They set a “buy” rating and a $99.00 price target for the company. Zacks Investment Research upgraded Capital One Financial from a “hold” rating to a “buy” rating and set a $102.00 price target for the company in a research note on Friday, October 27th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $107.00 price target for the company in a research note on Monday, December 18th. Finally, Compass Point upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $99.52 to $122.00 in a research note on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target 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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