Capital One Financial Corporation (NYSE:COF) Receives $258.91 Consensus Price Target from Analysts

Shares of Capital One Financial Corporation (NYSE:COF) have been given an average recommendation of “Moderate Buy” by the twenty-four brokerages that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and twenty-one have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $258.9091.

A number of research firms have issued reports on COF. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Citigroup dropped their price target on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research report on Thursday, August 20th. Wolfe Research raised their price objective on Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Finally, Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd.

Capital One Financial Stock Down 0.1%

COF stock opened at $219.43 on Monday. Capital One Financial has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market capitalization of $134.62 billion, a price-to-earnings ratio of 13.58, a PEG ratio of 0.81 and a beta of 1.02. The business’s fifty day moving average price is $211.80 and its two-hundred day moving average price is $198.00.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter in the previous year, the business posted $5.48 earnings per share. Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. On average, equities analysts anticipate that Capital One Financial will post 20.29 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s payout ratio is 19.80%.

Insider Buying and Selling at Capital One Financial

In related news, insider Lia Dean sold 2,193 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36. Following the sale, the insider owned 63,261 shares in the company, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $214.10, for a total transaction of $749,350.00. Following the completion of the transaction, the general counsel directly owned 83,194 shares in the company, valued at $17,811,835.40. This trade represents a 4.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 29,767 shares of company stock valued at $6,366,998 over the last three months. 0.78% of the stock is owned by insiders.

Institutional Investors Weigh In On Capital One Financial

A number of large investors have recently modified their holdings of the business. Range Advisory LLC raised its holdings in shares of Capital One Financial by 6.2% during the 2nd quarter. Range Advisory LLC now owns 2,130 shares of the financial services provider’s stock worth $427,000 after buying an additional 125 shares in the last quarter. Amundi raised its stake in Capital One Financial by 16.0% during the second quarter. Amundi now owns 3,558,138 shares of the financial services provider’s stock worth $713,834,000 after acquiring an additional 490,784 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Capital One Financial by 1.6% in the second quarter. HighTower Advisors LLC now owns 382,910 shares of the financial services provider’s stock worth $76,819,000 after acquiring an additional 5,944 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Capital One Financial in the second quarter worth about $5,341,000. Finally, CYBER HORNET ETFs LLC boosted its stake in shares of Capital One Financial by 183.8% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 4,958 shares of the financial services provider’s stock valued at $995,000 after purchasing an additional 3,211 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.