Capital One Financial (NYSE:COF) Price Target Raised to $253.00

Capital One Financial (NYSE:COF) had its price objective increased by Barclays from $212.00 to $253.00 in a report released on Monday,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

COF has been the subject of a number of other research reports. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Citigroup decreased their target price on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the stock a “sector perform” rating in a research report on Monday, April 14th. Finally, JPMorgan Chase & Co. decreased their price objective on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $213.00.

Capital One Financial Price Performance

Shares of COF opened at $208.16 on Monday. The stock has a market cap of $79.76 billion, a P/E ratio of 17.48, a price-to-earnings-growth ratio of 0.96 and a beta of 1.13. Capital One Financial has a 1 year low of $128.23 and a 1 year high of $210.67. The stock’s 50-day moving average price is $190.27 and its two-hundred day moving average price is $186.04. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.65% and a return on equity of 9.63%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. On average, equities analysts predict that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $2.40 annualized dividend and a yield of 1.15%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.15%.

Insider Transactions at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the company’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Norden Group LLC lifted its stake in Capital One Financial by 2.6% in the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 51 shares during the last quarter. TFB Advisors LLC raised its stake in Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after buying an additional 51 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Capital One Financial by 0.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock valued at $1,097,000 after buying an additional 53 shares during the last quarter. Quadrant Capital Group LLC lifted its position in shares of Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock valued at $936,000 after buying an additional 54 shares during the last quarter. Finally, Family Legacy Inc. boosted its stake in shares of Capital One Financial by 0.8% during the 4th quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider’s stock worth $1,438,000 after acquiring an additional 60 shares during the period. 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.