Capital One Financial (NYSE:COF) PT Lowered to $154.00

Capital One Financial (NYSE:COF) had its price objective trimmed by Evercore ISI from $155.00 to $154.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an in-line rating on the financial services provider’s stock.

A number of other research analysts have also recently commented on COF. Wells Fargo & Company increased their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an overweight rating in a report on Wednesday, April 10th. BTIG Research assumed coverage on shares of Capital One Financial in a report on Friday, June 7th. They set a neutral rating for the company. UBS Group raised their price objective on Capital One Financial from $132.00 to $140.00 and gave the company a neutral rating in a report on Thursday, February 29th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $134.00 to $152.00 and gave the stock a neutral rating in a report on Wednesday, April 3rd. Finally, Keefe, Bruyette & Woods reissued an outperform rating and set a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of Hold and an average target price of $141.20.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $138.43 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The company has a market cap of $52.63 billion, a PE ratio of 10.84, a price-to-earnings-growth ratio of 1.08 and a beta of 1.45. The company has a 50 day moving average of $139.80 and a 200-day moving average of $136.99. Capital One Financial has a 1-year low of $88.23 and a 1-year high of $149.94.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. During the same quarter in the previous year, the company earned $2.31 earnings per share. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. As a group, equities research analysts forecast that Capital One Financial will post 13.31 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $2.40 annualized dividend and a dividend yield of 1.73%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insider Buying and Selling

In other news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Capital One Financial by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock worth $4,599,720,000 after purchasing an additional 226,720 shares in the last quarter. Capital Research Global Investors grew its holdings in Capital One Financial by 72.8% during the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock worth $3,145,761,000 after buying an additional 8,900,241 shares in the last quarter. Capital World Investors lifted its stake in Capital One Financial by 2.1% during the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock valued at $1,965,761,000 after acquiring an additional 311,696 shares in the last quarter. Pzena Investment Management LLC lifted its stake in Capital One Financial by 1.6% during the 4th quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock valued at $1,016,317,000 after acquiring an additional 124,055 shares in the last quarter. Finally, Clearbridge Investments LLC grew its stake in shares of Capital One Financial by 18.8% in the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider’s stock worth $517,184,000 after acquiring an additional 549,665 shares in the last quarter. 89.84% of the stock is 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.