Capital One Financial (NYSE:COF) PT Raised to $155.00

Capital One Financial (NYSE:COF) had its price objective increased by JPMorgan Chase & Co. from $148.00 to $155.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other equities analysts have also commented on COF. Keefe, Bruyette & Woods reissued an outperform rating and set a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Wolfe Research raised Capital One Financial from a peer perform rating to an outperform rating and set a $189.00 price target for the company in a research report on Thursday, April 4th. BTIG Research started coverage on Capital One Financial in a research report on Friday, June 7th. They issued a neutral rating for the company. Evercore ISI lowered their price target on Capital One Financial from $155.00 to $154.00 and set an in-line rating for the company in a research report on Tuesday, June 25th. Finally, Wells Fargo & Company lifted their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an overweight rating in a research report on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial has a consensus rating of Hold and a consensus target price of $141.35.

Capital One Financial Stock Performance

NYSE:COF opened at $138.92 on Monday. The firm has a market cap of $52.82 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.07 and a beta of 1.45. Capital One Financial has a fifty-two week low of $88.23 and a fifty-two week high of $149.94. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The business has a 50 day moving average price of $138.46 and a 200-day moving average price of $137.60.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the company posted $2.31 EPS. Equities research analysts predict that Capital One Financial will post 13.35 earnings per share for the current year.

Capital One Financial Announces Dividend

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

Insider Buying and Selling

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

Institutional Trading of Capital One Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Silicon Valley Capital Partners purchased a new stake in Capital One Financial during the 1st quarter valued at $25,000. LRI Investments LLC purchased a new stake in Capital One Financial during the 1st quarter valued at $25,000. Householder Group Estate & Retirement Specialist LLC raised its holdings in Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after buying an additional 199 shares during the period. Bartlett & Co. LLC raised its holdings in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. Hedge funds and other 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.