Capital One Financial Co. (NYSE:COF) Given Average Rating of “Hold” by Brokerages

Shares of Capital One Financial Co. (NYSE:COF) have received a consensus rating of “Hold” from the eighteen ratings firms that are covering the firm, Marketbeat Ratings reports. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $181.12.

COF has been the subject of a number of research analyst reports. Robert W. Baird raised their price target 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. Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Truist Financial assumed coverage on shares of Capital One Financial in a research report on Tuesday. They set a “buy” rating and a $229.00 price target for the company. Wells Fargo & Company raised their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th.

Insiders Place Their Bets

In other news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction 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 approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds have recently made changes to their positions in the business. Prossimo Advisors LLC lifted its position in Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after purchasing an additional 65 shares during the period. Arkadios Wealth Advisors lifted its holdings in shares of Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after buying an additional 66 shares during the period. Baldwin Investment Management LLC boosted its stake in Capital One Financial by 0.6% during the third quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider’s stock valued at $1,829,000 after buying an additional 70 shares in the last quarter. Harbour Investments Inc. grew its holdings in Capital One Financial by 0.7% during the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock worth $1,434,000 after acquiring an additional 71 shares during the period. Finally, Arvest Investments Inc. raised its position in Capital One Financial by 1.2% in the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock worth $975,000 after acquiring an additional 75 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 1.0 %

Shares of NYSE COF opened at $181.64 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $69.30 billion, a PE ratio of 17.15, a PEG ratio of 1.36 and a beta of 1.46. Capital One Financial has a twelve month low of $123.23 and a twelve month high of $198.30. The stock has a fifty day simple moving average of $182.05 and a 200-day simple moving average of $158.00.

Capital One Financial (NYSE:COF) last issued 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 return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the company earned $4.45 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities analysts forecast 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 was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid 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 yield of 1.32%. 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.