Capital One Financial Co. (NYSE:COF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have received an average rating of “Hold” from the eighteen ratings firms that are presently covering the stock, MarketBeat.com reports. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $160.18.

A number of research firms have recently weighed in on COF. Royal Bank of Canada boosted their price target on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Evercore ISI lifted their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Citigroup began coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group upped their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th.

Insiders Place Their Bets

In other news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock worth $4,982,647 over the last three months. 1.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Capital One Financial

Institutional investors and hedge funds have recently modified their holdings of the stock. Asset Management One Co. Ltd. increased its stake in Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares during the period. CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the third quarter worth about $1,649,000. Clear Harbor Asset Management LLC acquired a new position in shares of Capital One Financial in the second quarter worth about $511,000. QRG Capital Management Inc. boosted its holdings in Capital One Financial by 3.2% in the second quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after purchasing an additional 3,776 shares during the last quarter. Finally, Cetera Advisors LLC grew its stake in Capital One Financial by 114.0% during the 1st quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider’s stock valued at $1,183,000 after purchasing an additional 4,234 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 2.4 %

NYSE:COF opened at $187.06 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $162.15 and a 200-day simple moving average of $147.78. Capital One Financial has a 52-week low of $105.43 and a 52-week high of $198.30. The company has a market capitalization of $71.37 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.33 and a beta of 1.43.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the business earned $4.45 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

Capital One Financial Company Profile

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.