Capital One Financial (NYSE:COF) Price Target Raised to $257.00 at Truist Financial

Capital One Financial (NYSE:COF) had its price objective increased by Truist Financial from $229.00 to $257.00 in a research report sent to investors on Monday morning,Benzinga reports. Truist Financial currently has a buy rating on the financial services provider’s stock.

Several other equities research analysts also recently issued reports on the company. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. 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 note on Wednesday, October 30th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Ten analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $192.12.

Capital One Financial Stock Down 0.6 %

Shares of NYSE COF opened at $202.34 on Monday. The company has a market capitalization of $77.14 billion, a P/E ratio of 17.46, a P/E/G ratio of 1.29 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 1.00. The company has a 50 day simple moving average of $185.08 and a 200-day simple moving average of $162.79. Capital One Financial has a 1 year low of $128.23 and a 1 year high of $207.24.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10,220,675.12 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. On average, equities research analysts predict that Capital One Financial will post 15.22 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared 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 1.19%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Insider Buying and Selling

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, 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 13,256 shares of company stock valued at $2,462,487 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Institutional investors have recently bought and sold shares of the company. Money Concepts Capital Corp boosted its position in shares of Capital One Financial by 4.1% in the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after buying an additional 61 shares in the last quarter. Grove Bank & Trust lifted its holdings in shares of Capital One Financial by 7.0% in the fourth quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 64 shares in the last quarter. Cerro Pacific Wealth Advisors LLC grew its position in shares of Capital One Financial by 1.1% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock valued at $1,045,000 after purchasing an additional 64 shares during the last quarter. Prossimo Advisors LLC increased its stake in shares of Capital One Financial by 2.4% during the 3rd 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 in the last quarter. Finally, City Holding Co. lifted its stake in Capital One Financial by 1.3% in the 4th quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock valued at $893,000 after buying an additional 65 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

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.