Capital One Financial (NYSE:COF) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Capital One Financial Co. (NYSE:COF) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $156.17 and traded as high as $179.30. Capital One Financial shares last traded at $177.93, with a volume of 1,725,975 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on COF shares. Barclays increased their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Evercore ISI lifted their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Finally, Royal Bank of Canada increased their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $171.50.

Capital One Financial Trading Down 1.3 %

The business has a 50 day moving average of $179.50 and a two-hundred day moving average of $156.17. The firm has a market cap of $67.88 billion, a P/E ratio of 16.80, a PEG ratio of 1.36 and a beta of 1.45. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter last year, the company posted $4.45 EPS. Capital One Financial’s quarterly revenue was up 6.8% compared to the same quarter last year. Analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. boosted its position in Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after buying an additional 17,825 shares in the last quarter. Franklin Resources Inc. grew its position in Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after acquiring an additional 280,462 shares during the last quarter. Tidal Investments LLC increased its holdings in Capital One Financial by 10.8% in the 3rd quarter. Tidal Investments LLC now owns 20,482 shares of the financial services provider’s stock worth $3,067,000 after purchasing an additional 1,994 shares in the last quarter. Destination Wealth Management raised its position in Capital One Financial by 0.6% in the third quarter. Destination Wealth Management now owns 149,405 shares of the financial services provider’s stock valued at $22,370,000 after purchasing an additional 876 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Capital One Financial during the third quarter valued at about $619,000. Institutional investors own 89.84% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.