Robert M. Alexander Sells 5,000 Shares of Capital One Financial Corp. (NYSE:COF) Stock

Capital One Financial Corp. (NYSE:COF) insider Robert M. Alexander sold 5,000 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $92.18, for a total transaction of $460,900.00. Following the sale, the insider now directly owns 89,603 shares in the company, valued at $8,259,604.54. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Capital One Financial Corp. (NYSE:COF) traded down $0.72 during midday trading on Friday, hitting $99.58. The company had a trading volume of 1,104,573 shares, compared to its average volume of 1,959,893. The company has a market cap of $48,619.84, a PE ratio of 14.08, a price-to-earnings-growth ratio of 1.50 and a beta of 1.28. Capital One Financial Corp. has a 1-year low of $76.05 and a 1-year high of $101.43. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.27. The firm had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.03 earnings per share. analysts predict that Capital One Financial Corp. will post 7.97 EPS for the current fiscal year.

Capital One Financial announced that its board has authorized a stock repurchase plan on Tuesday, December 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Institutional investors and hedge funds have recently bought and sold shares of the company. BB&T Investment Services Inc. acquired a new position in Capital One Financial during the second quarter worth $108,000. Seven Eight Capital LP raised its stake in Capital One Financial by 16.7% during the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 200 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in Capital One Financial by 47.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock worth $137,000 after acquiring an additional 529 shares in the last quarter. Archford Capital Strategies LLC raised its stake in Capital One Financial by 8,078.3% during the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after acquiring an additional 4,847 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in Capital One Financial by 48.0% during the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 566 shares in the last quarter. 88.33% of the stock is owned by institutional investors.

Several research firms recently issued reports on COF. Credit Suisse Group reissued a “neutral” rating on shares of Capital One Financial in a research report on Wednesday. Buckingham Research initiated coverage on shares of Capital One Financial in a research report on Monday, October 2nd. They set a “buy” rating and a $99.00 price target on the stock. Piper Jaffray Companies initiated coverage on shares of Capital One Financial in a research report on Thursday, September 21st. They set an “underweight” rating and a $81.00 price target on the stock. Oppenheimer reaffirmed a “hold” rating on shares of Capital One Financial in a research report on Tuesday, October 24th. Finally, 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. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. Capital One Financial has a consensus rating of “Hold” and an average price target of $98.62.

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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.

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

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