Capital One Financial (NYSE:COF) Price Target Raised to $186.00 at JPMorgan Chase & Co.

Capital One Financial (NYSE:COF) had its price target upped by JPMorgan Chase & Co. from $162.00 to $186.00 in a report released on Monday,Benzinga reports. The firm currently has a neutral rating on the financial services provider’s stock.

Other equities research analysts also recently issued research reports about the stock. Robert W. Baird increased their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. The Goldman Sachs Group increased their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Finally, Evercore ISI raised their price objective 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. Twelve research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $168.47.

Capital One Financial Price Performance

Shares of COF opened at $184.78 on Monday. Capital One Financial has a fifty-two week low of $117.13 and a fifty-two week high of $198.30. The company has a market capitalization of $70.50 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45. The firm has a 50-day simple moving average of $171.11 and a 200-day simple moving average of $151.48. 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 (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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same quarter in the prior year, the firm earned $4.45 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, equities research analysts anticipate that Capital One Financial will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently made changes to their positions in the business. Asset Management One Co. Ltd. lifted its holdings in shares of Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after acquiring an additional 7,331 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of Capital One Financial during the 3rd quarter valued at $1,649,000. Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after acquiring an additional 3,000 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares in the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new position in shares of Capital One Financial during the 2nd quarter valued at $511,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.