Capital One Financial Co. (NYSE:COF) Receives Average Rating of “Hold” from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have earned a consensus rating of “Hold” from the seventeen brokerages that are currently covering the company, MarketBeat reports. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $171.50.

COF has been the topic of several analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Evercore ISI boosted their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Barclays raised their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Robert W. Baird upped their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Finally, Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $203.00 to $200.00 in a report on Monday, December 9th.

Capital One Financial Stock Performance

Shares of COF stock opened at $174.44 on Friday. The stock’s 50-day moving average price is $175.81 and its 200 day moving average price is $153.63. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $66.55 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 1.36 and a beta of 1.45. Capital One Financial has a 52-week low of $123.23 and a 52-week high of $198.30.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the company posted $4.45 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. As a group, equities research analysts forecast that Capital One Financial will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last three months. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Capital One Financial

Hedge funds have recently modified their holdings of the stock. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC purchased a new position in shares of Capital One Financial in the 2nd quarter worth about $36,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at about $36,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth about $42,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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.