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

Shares of Capital One Financial Co. (NYSE:COF) have been assigned an average rating of “Hold” from the eighteen brokerages that are currently covering the firm, MarketBeat reports. Eleven research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $156.35.

A number of research firms have recently issued reports on COF. Evercore ISI lifted their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Bank of America lifted their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Citigroup initiated coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Finally, Barclays upped their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th.

Capital One Financial Stock Down 1.2 %

Capital One Financial stock opened at $182.86 on Tuesday. The company has a market capitalization of $69.76 billion, a P/E ratio of 17.27, a PEG ratio of 1.37 and a beta of 1.43. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial has a fifty-two week low of $105.39 and a fifty-two week high of $198.30. The stock has a 50-day simple moving average of $158.54 and a 200-day simple moving average of $146.68.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.45 earnings per share. Equities research analysts expect that Capital One Financial will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

Insiders Place Their Bets

In related news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction 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 approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock valued at $4,982,647 over the last quarter. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds have recently added to or reduced their stakes in the stock. LRI Investments LLC acquired a new position in shares of Capital One Financial in the 1st quarter valued at $25,000. Y.D. More Investments Ltd bought a new stake in Capital One Financial during the second quarter worth about $28,000. Hobbs Group Advisors LLC acquired a new position in Capital One Financial during the second quarter valued at approximately $29,000. Unique Wealth Strategies LLC bought a new position in Capital One Financial in the second quarter valued at approximately $36,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial during the 3rd quarter worth approximately $36,000. 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.