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

Capital One Financial Co. (NYSE:COF) has been assigned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $171.50.

A number of research firms have commented on COF. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Robert W. Baird boosted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Citigroup began coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Finally, Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $203.00 to $200.00 in a report on Monday, December 9th.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of Capital One Financial 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 transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction 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 sale, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders 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 institutional investors and hedge funds have recently bought and sold shares of COF. FMR LLC boosted its stake in shares of 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 worth $994,350,000 after acquiring an additional 1,169,395 shares during the period. Eminence Capital LP purchased a new position in Capital One Financial in the 2nd quarter worth approximately $127,465,000. Wellington Management Group LLP boosted its stake in 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 worth $146,052,000 after purchasing an additional 710,881 shares during the period. Southpoint Capital Advisors LP purchased a new stake in Capital One Financial during the 3rd quarter valued at approximately $104,811,000. Finally, International Assets Investment Management LLC raised its position in shares of Capital One Financial by 123.4% during the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock valued at $107,016,000 after buying an additional 427,000 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Price Performance

COF opened at $178.65 on Friday. Capital One Financial has a 1 year low of $123.23 and a 1 year high of $198.30. The stock has a 50-day moving average price of $176.76 and a 200-day moving average price of $154.07. The firm has a market cap of $68.16 billion, a PE ratio of 16.87, a P/E/G 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 issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.45 earnings per share. Sell-side analysts predict that Capital One Financial will post 13.54 earnings per share for the current fiscal 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 issued a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.34%. Capital One Financial’s dividend payout ratio is currently 22.66%.

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.