Capital One Financial Co. (NYSE:COF) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Capital One Financial Co. (NYSE:COF) has received an average recommendation of "Moderate Buy" from the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $210.64.

A number of equities research analysts have recently issued reports on COF shares. Citigroup dropped their target price on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research note on Tuesday, March 25th. JPMorgan Chase & Co. lowered their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Bank of America increased their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th.

Insider Activity

In related news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the transaction, the director now directly owns 56,244 shares in the company, valued at $11,175,682.80. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the completion of the transaction, the insider now owns 20,089 shares in the company, valued at approximately $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. Corporate insiders own 1.26% of the company's stock.

Institutional Investors Weigh In On Capital One Financial

Institutional investors have recently made changes to their positions in the stock. WPG Advisers LLC acquired a new position in shares of Capital One Financial during the 1st quarter worth $25,000. Bfsg LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth $27,000. Saudi Central Bank acquired a new position in Capital One Financial in the 1st quarter valued at about $27,000. Finally, TruNorth Capital Management LLC acquired a new position in Capital One Financial in the 4th quarter valued at about $29,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 3.3%

COF stock opened at $198.27 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm's fifty day simple moving average is $180.76 and its 200-day simple moving average is $185.02. Capital One Financial has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market capitalization of $75.96 billion, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. As a group, equities research analysts forecast that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.21%. Capital One Financial's payout ratio is currently 20.15%.

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.

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