Capital One Financial Corporation (NYSE:COF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Capital One Financial Corporation (NYSE:COF) have received an average recommendation of “Moderate Buy” from the twenty-five analysts that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and four have given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $261.6316.

Several equities analysts recently weighed in on the stock. Barclays raised their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Citigroup raised their price target on shares of Capital One Financial from $275.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Rothschild & Co Redburn initiated coverage on shares of Capital One Financial in a report on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective for the company. HSBC increased their target price on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Finally, Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st.

Insider Buying and Selling

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the transaction, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the completion of the transaction, the chief executive officer directly owned 4,001,228 shares in the company, valued at approximately $882,990,995.04. This represents a 2.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 259,842 shares of company stock worth $57,857,467 over the last ninety days. Company insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of COF. WPG Advisers LLC bought a new position in shares of Capital One Financial in the first quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC boosted its stake in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC grew its holdings in Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after buying an additional 101 shares during the last quarter. Saudi Central Bank acquired a new stake in Capital One Financial in the 1st quarter valued at approximately $27,000. Finally, RMG Wealth Management LLC bought a new position in Capital One Financial in the 2nd quarter worth approximately $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $217.83 on Tuesday. The stock has a fifty day moving average price of $219.28 and a 200 day moving average price of $209.71. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial has a 1 year low of $143.22 and a 1 year high of $232.45. The stock has a market cap of $139.31 billion, a price-to-earnings ratio of 91.91, a PEG ratio of 0.70 and a beta of 1.19.

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

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is 101.27%.

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.