Capital One Financial Co. (NYSE:COF) Receives $156.35 Average Target Price from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have earned a consensus rating of “Hold” from the eighteen research firms that are presently covering the stock, Marketbeat reports. Eleven equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $160.18.

A number of brokerages have weighed in on COF. Barclays raised their price objective on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Robert W. Baird increased their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Evercore ISI boosted their price target on shares of 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. Finally, Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 target price for the company.

Insider Buying and Selling

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction 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 transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock valued at $4,982,647 over the last quarter. 1.30% of the stock is currently owned by insiders.

Institutional Trading of Capital One Financial

Several large investors have recently modified their holdings of COF. Asset Management One Co. Ltd. boosted its holdings in shares of Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after purchasing an additional 7,331 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Capital One Financial during the third quarter worth approximately $1,649,000. Clear Harbor Asset Management LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $511,000. QRG Capital Management Inc. raised its stake in Capital One Financial by 3.2% during the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after buying an additional 3,776 shares in the last quarter. Finally, Cetera Advisors LLC lifted its stake in Capital One Financial by 114.0% during the first quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider’s stock worth $1,183,000 after purchasing an additional 4,234 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF stock opened at $182.75 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial has a 52-week low of $105.39 and a 52-week high of $198.30. The business has a 50-day simple moving average of $161.19 and a 200-day simple moving average of $147.44. The stock has a market cap of $69.72 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.32 and a beta of 1.43.

Capital One Financial (NYSE:COF) last announced 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. The business 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 business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company posted $4.45 EPS. On average, equities analysts expect that Capital One Financial will post 13.54 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be given a $0.60 dividend. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.31%. Capital One Financial’s dividend payout ratio (DPR) 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.