Capital One Financial (NYSE:COF) Receives Sector Perform Rating from Royal Bank of Canada

Royal Bank of Canada restated their sector perform rating on shares of Capital One Financial (NYSE:COF) in a research report report published on Thursday, Benzinga reports. The brokerage currently has a $150.00 price target on the financial services provider’s stock.

A number of other analysts have also recently weighed in on COF. Evercore ISI dropped their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an in-line rating on the stock in a report on Tuesday, June 25th. Wolfe Research upgraded shares of Capital One Financial from a peer perform rating to an outperform rating and set a $189.00 target price for the company in a research report on Thursday, April 4th. Bank of America increased their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a buy rating in a research report on Wednesday. BTIG Research started coverage on shares of Capital One Financial in a research report on Friday, June 7th. They issued a neutral rating for the company. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an overweight rating in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of Hold and a consensus target price of $145.89.

Capital One Financial Stock Up 1.1 %

Shares of NYSE:COF opened at $148.09 on Thursday. The stock has a market capitalization of $56.30 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 1.15 and a beta of 1.45. Capital One Financial has a 1-year low of $88.23 and a 1-year high of $153.35. The company’s fifty day moving average is $139.19 and its two-hundred day moving average is $138.66. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same period last year, the business earned $3.52 EPS. The firm’s revenue was up 5.5% on a year-over-year basis. Equities analysts anticipate that Capital One Financial will post 13.4 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 10th. This represents a $2.40 annualized dividend and a yield of 1.62%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Transactions at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the sale, the insider now owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 56,311 shares of company stock worth $8,274,640. Insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. LRI Investments LLC acquired a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. Householder Group Estate & Retirement Specialist LLC grew its position in shares of Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after buying an additional 199 shares during the period. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth about $29,000. Finally, Bartlett & CO. Wealth Management LLC grew its position in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

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.