Capital One Financial Corporation (NYSE:COF) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Capital One Financial Corporation (NYSE:COF) has received a consensus rating of "Moderate Buy" from analysts, with an average 1-year target price of $238.81.
• Insiders have recently sold shares of Capital One, with notable sales occurring by Michael Zamsky and Timothy P. Golden totaling over $1.8 million in value.
• The firm has declared a quarterly dividend of $0.60 per share, translating to an annual yield of 1.1%, with a payout ratio of 123.08%.

Capital One Financial Corporation (NYSE:COF) has earned a consensus recommendation of "Moderate Buy" from the twenty analysts that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $238.8125.

Several brokerages have recently issued reports on COF. Royal Bank Of Canada raised their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 23rd. Citigroup lifted their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Barclays reiterated an "overweight" rating and issued a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Wall Street Zen lowered shares of Capital One Financial from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $245.00 to $248.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd.

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the sale, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total transaction of $727,989.36. Following the sale, the chief accounting officer owned 8,987 shares in the company, valued at approximately $1,889,786.36. The trade was a 27.81% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,298 shares of company stock valued at $4,233,044. Insiders own 1.26% of the company's stock.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the business. WPG Advisers LLC purchased a new stake in shares of Capital One Financial in the 1st quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC lifted its position in shares of Capital One Financial by 103.3% in the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock worth $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC lifted its position in shares of Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock worth $26,000 after purchasing an additional 101 shares during the period. Saudi Central Bank purchased a new stake in shares of Capital One Financial in the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of COF opened at $214.6110 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $137.25 billion, a P/E ratio of 110.06, a price-to-earnings-growth ratio of 0.83 and a beta of 1.16. The firm's fifty day simple moving average is $212.06 and its two-hundred day simple moving average is $193.95. Capital One Financial has a 12 month low of $131.55 and a 12 month high of $232.45.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The firm had revenue of $12.49 billion during the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter in the previous year, the company posted $3.14 EPS. The firm's revenue was up 31.4% on a year-over-year basis. As a group, analysts predict that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 15th. Capital One Financial's dividend payout ratio is presently 123.08%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.