Capital One Financial Co. (NYSE:COF) Receives Consensus Recommendation of “Hold” from Brokerages

Capital One Financial Co. (NYSE:COF) has received an average recommendation of “Hold” from the seventeen ratings firms that are presently covering the firm, MarketBeat reports. Eleven analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $171.50.

COF has been the topic of a number of research reports. Barclays lifted their target price 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. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Finally, Royal Bank of Canada increased their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th.

Insider Buying and Selling

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial 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 completion of the sale, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kara West sold 721 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock worth $4,982,647 in the last three months. Insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

A number of institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. boosted its stake in shares of Capital One Financial by 2.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after buying an additional 280,462 shares during the last quarter. Tidal Investments LLC lifted its holdings in Capital One Financial by 10.8% in the third quarter. Tidal Investments LLC now owns 20,482 shares of the financial services provider’s stock valued at $3,067,000 after acquiring an additional 1,994 shares during the period. Destination Wealth Management boosted its position in Capital One Financial by 0.6% in the third quarter. Destination Wealth Management now owns 149,405 shares of the financial services provider’s stock worth $22,370,000 after purchasing an additional 876 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Capital One Financial during the 3rd quarter valued at about $619,000. Finally, Arvest Bank Trust Division purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at about $8,310,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.2 %

COF opened at $184.44 on Friday. Capital One Financial has a one year low of $123.23 and a one year high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50 day simple moving average of $173.44 and a two-hundred day simple moving average of $152.27. The firm has a market capitalization of $70.37 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 1.36 and a beta of 1.45.

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 analysts’ consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during 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 firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.45 earnings per share. Analysts predict that Capital One Financial will post 13.54 EPS for the current 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 issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

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.