Barclays Boosts Capital One Financial (NYSE:COF) Price Target to $158.00

Capital One Financial (NYSE:COF) had its target price increased by Barclays from $154.00 to $158.00 in a research note released on Tuesday morning, Benzinga reports. They currently have an equal weight rating on the financial services provider’s stock.

A number of other equities research analysts also recently issued reports on the company. Citigroup started coverage on Capital One Financial in a research note on Friday, September 20th. They set a buy rating and a $190.00 price target for the company. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a neutral rating in a report on Monday, October 7th. Royal Bank of Canada reiterated a sector perform rating and issued a $150.00 price target on shares of Capital One Financial in a research report on Thursday, July 25th. Evercore ISI cut their price objective on shares of Capital One Financial from $166.00 to $163.00 and set an in-line rating for the company in a research report on Monday, October 7th. Finally, Bank of America raised their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a buy rating in a report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of Hold and an average price target of $148.00.

Capital One Financial Stock Up 3.0 %

Shares of Capital One Financial stock opened at $155.68 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial has a twelve month low of $88.23 and a twelve month high of $156.34. The company has a market cap of $59.45 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The company’s 50 day moving average is $143.29 and its 200 day moving average is $142.00.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $3.52 earnings per share. Research analysts anticipate that Capital One Financial will post 12.87 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a dividend of $0.60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.54%. Capital One Financial’s dividend payout ratio is 22.58%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Institutional Trading of Capital One Financial

Large investors have recently made changes to their positions in the business. Connectus Wealth LLC raised its position in Capital One Financial by 4.8% during the fourth quarter. Connectus Wealth LLC now owns 3,596 shares of the financial services provider’s stock valued at $472,000 after purchasing an additional 164 shares during the period. State of Tennessee Treasury Department raised its holdings in Capital One Financial by 67.4% during the 4th quarter. State of Tennessee Treasury Department now owns 98,465 shares of the financial services provider’s stock valued at $12,911,000 after buying an additional 39,662 shares during the period. Lighthouse Investment Partners LLC bought a new stake in Capital One Financial in the fourth quarter worth $2,075,000. Cresset Asset Management LLC boosted its stake in Capital One Financial by 5.4% during the fourth quarter. Cresset Asset Management LLC now owns 105,829 shares of the financial services provider’s stock worth $13,876,000 after buying an additional 5,388 shares during the period. Finally, Putnam Investments LLC raised its stake in shares of Capital One Financial by 4.0% in the fourth quarter. Putnam Investments LLC now owns 2,647,696 shares of the financial services provider’s stock valued at $347,166,000 after acquiring an additional 101,613 shares during the period. 89.84% of the stock is currently owned by institutional investors.

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.