Shares of Capital One Financial Corp. (NYSE:COF) shot up 1.1% during mid-day trading on Wednesday . The company traded as high as $71.13 and last traded at $71.11, with a volume of 2,777,689 shares trading hands. The stock had previously closed at $70.33.

A number of brokerages have recently issued reports on COF. Vetr downgraded shares of Capital One Financial Corp. from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a report on Tuesday, May 3rd. Sterne Agee CRT downgraded shares of Capital One Financial Corp. from a “neutral” rating to an “underperform” rating and set a $67.50 price target on the stock. in a report on Wednesday, June 8th. Guggenheim raised shares of Capital One Financial Corp. from a “sell” rating to a “neutral” rating and set a $67.00 price objective on the stock in a report on Monday, May 9th. Morgan Stanley reissued a “buy” rating and issued a $83.00 price objective on shares of Capital One Financial Corp. in a report on Wednesday, August 17th. Finally, Oppenheimer Holdings Inc. reissued an “underperform” rating and issued a $59.00 price objective on shares of Capital One Financial Corp. in a report on Thursday, August 25th. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the company. Capital One Financial Corp. currently has an average rating of “Hold” and a consensus price target of $79.35.

The company has a 50-day moving average of $68.00 and a 200-day moving average of $68.63. The stock has a market capitalization of $36.64 billion and a P/E ratio of 10.11.

Capital One Financial Corp. (NYSE:COF) last announced its earnings results on Thursday, July 21st. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by $0.17. The firm earned $6.30 billion during the quarter, compared to analysts’ expectations of $6.28 billion. On average, equities research analysts anticipate that Capital One Financial Corp. will post $7.18 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 18th. Stockholders of record on Monday, August 8th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.27%.

Several hedge funds and institutional investors have made changes to their positions in the stock. US Bancorp DE raised its position in shares of Capital One Financial Corp. by 0.5% in the fourth quarter. US Bancorp DE now owns 350,682 shares of the financial services provider’s stock worth $25,311,000 after buying an additional 1,804 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Capital One Financial Corp. by 2.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,485,761 shares of the financial services provider’s stock worth $107,243,000 after buying an additional 39,327 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Capital One Financial Corp. by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,282,506 shares of the financial services provider’s stock worth $309,144,000 after buying an additional 26,057 shares during the period.

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