Capital One Financial (NYSE:COF) Upgraded at Evercore ISI

Evercore ISI upgraded shares of Capital One Financial (NYSE:COF) from an in-line rating to an outperform rating in a report released on Wednesday morning, MarketBeat.com reports. They currently have $200.00 price objective on the financial services provider’s stock.

Several other brokerages have also recently commented on COF. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Keefe, Bruyette & Woods raised their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Finally, Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $190.00 to $200.00 in a research report on Tuesday. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $206.67.

Capital One Financial Stock Up 3.6 %

Shares of Capital One Financial stock opened at $172.06 on Wednesday. Capital One Financial has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a market capitalization of $65.61 billion, a P/E ratio of 14.85, a PEG ratio of 1.19 and a beta of 1.47. The business’s fifty day moving average price is $192.37 and its two-hundred day moving average price is $175.19. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. As a group, research analysts forecast that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.39%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Institutional Trading of Capital One Financial

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider’s stock worth $5,660,736,000 after purchasing an additional 234,863 shares during the last quarter. State Street Corp lifted its stake in shares of Capital One Financial by 0.5% in the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Capital One Financial by 3.2% in the fourth quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider’s stock worth $1,911,387,000 after buying an additional 331,595 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after buying an additional 72,097 shares during the period. Finally, Geode Capital Management LLC grew its stake in Capital One Financial by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock valued at $1,467,393,000 after buying an additional 207,427 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

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.