Shares of Capital One Financial Co. (NYSE:COF) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $174.72 and last traded at $180.32, with a volume of 4167802 shares trading hands. The stock had previously closed at $183.08.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on COF shares. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research note on Wednesday, March 12th. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and lifted their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Truist Financial boosted their target price on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Citigroup dropped their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $207.73.
Read Our Latest Stock Analysis on COF
Capital One Financial Price Performance
The company's 50 day moving average price is $173.85 and its 200 day moving average price is $181.46. The company has a market cap of $71.66 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 1.19 and a beta of 1.13. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Equities research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.
Capital One Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio is currently 20.15%.
Institutional Investors Weigh In On Capital One Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norden Group LLC raised its stake in Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after acquiring an additional 51 shares during the period. Catalyst Financial Partners LLC lifted its holdings in Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after acquiring an additional 54 shares during the last quarter. Quadrant Capital Group LLC grew its position in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock worth $936,000 after buying an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after purchasing an additional 56 shares during the period. Finally, TFB Advisors LLC boosted its holdings in shares of Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after buying an additional 59 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.
Capital One Financial Company Profile
(
Get Free Report)
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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