Capital One Financial Corporation (NYSE:COF) Receives $279.40 Average Target Price from Brokerages

Shares of Capital One Financial Corporation (NYSE:COF) have earned a consensus recommendation of “Moderate Buy” from the twenty-six research firms that are presently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $280.00.

A number of research analysts have commented on COF shares. Morgan Stanley upped their target price on shares of Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Wells Fargo & Company lifted their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, January 5th. JPMorgan Chase & Co. upped their price target on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Finally, Wolfe Research raised their price target on Capital One Financial from $270.00 to $294.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th.

Capital One Financial Stock Down 4.4%

COF stock opened at $228.64 on Friday. Capital One Financial has a 52 week low of $143.22 and a 52 week high of $259.64. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm has a 50-day simple moving average of $232.55 and a 200-day simple moving average of $223.19. The stock has a market capitalization of $145.35 billion, a P/E ratio of 96.47, a P/E/G ratio of 0.55 and a beta of 1.13.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.46 billion during the quarter. Equities analysts forecast that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a dividend of $0.80 per share. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s dividend payout ratio is currently 135.02%.

Insider Activity

In other Capital One Financial news, insider Frank G. LapradeIii sold 17,840 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the completion of the transaction, the insider owned 48,315 shares in the company, valued at $10,727,379.45. The trade was a 26.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the sale, the general counsel directly owned 92,486 shares in the company, valued at approximately $23,121,500. This represents a 2.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 298,895 shares of company stock worth $67,111,541 over the last 90 days. Company insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Tompkins Financial Corp raised its stake in Capital One Financial by 4.3% during the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. increased its holdings in shares of Capital One Financial by 2.8% in the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 43 shares during the period. Mather Group LLC. increased its holdings in shares of Capital One Financial by 1.0% in the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock valued at $965,000 after purchasing an additional 47 shares during the period. Stephens Consulting LLC raised its stake in shares of Capital One Financial by 10.3% during the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 47 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its holdings in shares of Capital One Financial by 0.7% during the third quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.