Capital One Financial Co. (NYSE:COF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Capital One Financial Co. (NYSE:COF) have earned an average recommendation of “Moderate Buy” from the nineteen ratings firms that are currently covering the firm, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $196.31.

A number of equities analysts have recently issued reports on COF shares. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Royal Bank of Canada lifted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Robert W. Baird lifted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th.

Insiders Place Their Bets

In related news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in COF. FMR LLC grew its stake in Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at about $130,683,000. Wellington Management Group LLP grew its position in shares of Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after purchasing an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new stake in Capital One Financial during the 3rd quarter worth approximately $104,811,000. Finally, KBC Group NV raised its holdings in Capital One Financial by 282.2% during the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after buying an additional 460,339 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 0.3 %

Shares of COF stock opened at $204.02 on Friday. The stock has a market cap of $77.78 billion, a P/E ratio of 17.60, a price-to-earnings-growth ratio of 1.25 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 0.98. The stock has a fifty day moving average price of $187.16 and a 200 day moving average price of $164.67. Capital One Financial has a one year low of $128.23 and a one year high of $208.63.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the business earned $2.81 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. Analysts predict that Capital One Financial will post 15.4 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. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. Capital One Financial’s payout ratio is presently 20.71%.

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.