Capital One Financial Co. (NYSE:COF) Receives Average Rating of “Hold” from Brokerages

Capital One Financial Co. (NYSE:COF) has been given an average recommendation of “Hold” by the twenty brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $147.21.

COF has been the subject of several analyst reports. Citigroup initiated coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 target price on shares of Capital One Financial in a research report on Thursday, July 25th. Evercore ISI reduced their price target on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating on the stock in a research report on Tuesday, June 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Finally, BTIG Research initiated coverage on Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating on the stock.

Insider Transactions at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares in the company, valued at $11,060,100. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Park Avenue Securities LLC boosted its position in shares of Capital One Financial by 1.6% during the third quarter. Park Avenue Securities LLC now owns 20,560 shares of the financial services provider’s stock valued at $3,078,000 after buying an additional 322 shares during the last quarter. Czech National Bank boosted its holdings in Capital One Financial by 6.8% during the 3rd quarter. Czech National Bank now owns 77,788 shares of the financial services provider’s stock worth $11,647,000 after acquiring an additional 4,975 shares during the last quarter. Passive Capital Management LLC. bought a new stake in shares of Capital One Financial in the 2nd quarter worth $202,000. Sanctuary Advisors LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at about $14,045,000. Finally, Coronation Fund Managers Ltd. bought a new position in shares of Capital One Financial during the second quarter valued at about $6,750,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Price Performance

Shares of COF opened at $153.44 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a market cap of $58.34 billion, a PE ratio of 12.02, a PEG ratio of 1.21 and a beta of 1.44. Capital One Financial has a 12-month low of $88.23 and a 12-month high of $154.18. The business has a 50-day simple moving average of $142.74 and a two-hundred day simple moving average of $141.60.

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 (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same period in the prior year, the company earned $3.52 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Analysts anticipate that Capital One Financial will post 12.91 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a dividend of $0.60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a dividend yield of 1.56%. Capital One Financial’s dividend payout ratio is currently 18.79%.

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.