Brokerages Set Capital One Financial Co. (NYSE:COF) Target Price at $171.50

Capital One Financial Co. (NYSE:COF) has earned an average rating of “Hold” from the seventeen research firms that are currently covering the firm, Marketbeat.com reports. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $171.50.

A number of equities analysts have commented on the stock. Evercore ISI upped their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. The Goldman Sachs Group increased their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Royal Bank of Canada lifted their price target on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th.

Insiders Place Their Bets

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction 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 in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm’s 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 sale, the insider now owns 26,482 shares in the company, 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. Over the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Hedge funds have recently added to or reduced their stakes in the business. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial in the second quarter worth approximately $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter valued at $36,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter worth $36,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Capital One Financial in the 2nd quarter worth $42,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $185.09 on Friday. The firm’s fifty day simple moving average is $174.72 and its 200-day simple moving average is $153.17. Capital One Financial has a 12 month low of $123.23 and a 12 month high of $198.30. The stock has a market capitalization of $70.61 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.36 and a beta of 1.45. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

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, beating 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 company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the business posted $4.45 EPS. The company’s revenue was up 6.8% on a year-over-year basis. As a group, equities analysts forecast that Capital One Financial will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is currently 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.