Capital One Financial (NYSE:COF) Upgraded by BTIG Research to “Buy” Rating

BTIG Research upgraded shares of Capital One Financial (NYSE:COF) from a neutral rating to a buy rating in a research report released on Tuesday, Marketbeat.com reports. The brokerage currently has $208.00 price target on the financial services provider’s stock.

A number of other equities analysts also recently commented on COF. Citigroup reduced their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday. Wells Fargo & Company upped their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $206.63.

Capital One Financial Trading Up 0.9 %

Shares of Capital One Financial stock opened at $182.54 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The stock’s 50 day simple moving average is $191.47 and its 200-day simple moving average is $177.12. The stock has a market cap of $69.61 billion, a P/E ratio of 15.75, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial has a 1-year low of $128.23 and a 1-year high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts predict that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Institutional Trading of Capital One Financial

Hedge funds have recently added to or reduced their stakes in the company. Bfsg LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Capital One Financial in the fourth quarter valued at $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial during the 4th quarter worth about $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial during the 4th quarter worth about $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial during the 4th quarter worth about $32,000. 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.