Capital One Financial Co. (NYSE:COF) Receives $171.50 Consensus PT from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have been assigned a consensus recommendation of “Hold” from the seventeen analysts that are currently covering the company, Marketbeat reports. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $171.50.

COF has been the subject of several analyst reports. Citigroup started coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 target price for the company. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Robert W. Baird upped their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, Barclays increased their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th.

Insider Activity at Capital One Financial

In related news, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 in the last ninety days. 1.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently bought and sold shares of COF. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC bought a new stake in Capital One Financial during the second quarter worth approximately $29,000. Unique Wealth Strategies LLC acquired a new stake in Capital One Financial in the second quarter worth approximately $36,000. Catalyst Capital Advisors LLC bought a new position in Capital One Financial during the 3rd quarter valued at $36,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Capital One Financial during the 2nd quarter valued at $42,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 3.7 %

Shares of NYSE COF opened at $174.44 on Friday. The stock has a fifty day moving average price of $175.81 and a 200 day moving average price of $153.63. The company has a market cap of $66.55 billion, a P/E ratio of 16.47, a P/E/G ratio of 1.36 and a beta of 1.45. Capital One Financial has a 12-month low of $123.23 and a 12-month high of $198.30. 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 announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $4.45 EPS. Research analysts anticipate that Capital One Financial will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.38%. Capital One Financial’s dividend payout ratio is currently 22.66%.

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.