Capital One Financial (NYSE:COF) Hits New 12-Month High at $149.76

Shares of Capital One Financial Co. (NYSE:COF) hit a new 52-week high during trading on Tuesday . The stock traded as high as $149.76 and last traded at $149.45, with a volume of 709366 shares. The stock had previously closed at $147.25.

Analyst Ratings Changes

Several brokerages recently commented on COF. Robert W. Baird downgraded shares of Capital One Financial from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $150.00 to $145.00 in a report on Monday, January 8th. Citigroup lifted their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, February 23rd. UBS Group boosted their price objective on shares of Capital One Financial from $132.00 to $140.00 and gave the company a "neutral" rating in a report on Thursday, February 29th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the company an "overweight" rating in a report on Wednesday, April 10th. Finally, Royal Bank of Canada boosted their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the company a "sector perform" rating in a report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $137.05.

Capital One Financial Stock Performance

The stock's 50-day moving average is $139.82 and its 200-day moving average is $125.28. The firm has a market capitalization of $56.25 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 1.02 and a beta of 1.48. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.50 by ($0.26). The company had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. On average, analysts predict that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial's dividend payout ratio is 20.08%.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC increased its position in Capital One Financial by 35.5% during the 1st quarter. Global Retirement Partners LLC now owns 1,685 shares of the financial services provider's stock worth $251,000 after purchasing an additional 441 shares in the last quarter. Sage Mountain Advisors LLC acquired a new position in Capital One Financial in the 1st quarter valued at approximately $249,000. Summit Trail Advisors LLC increased its position in Capital One Financial by 51.9% in the 1st quarter. Summit Trail Advisors LLC now owns 4,309 shares of the financial services provider's stock valued at $642,000 after acquiring an additional 1,472 shares during the period. Regatta Capital Group LLC increased its position in Capital One Financial by 5.7% in the 1st quarter. Regatta Capital Group LLC now owns 7,772 shares of the financial services provider's stock valued at $1,157,000 after acquiring an additional 419 shares during the period. Finally, Stablepoint Partners LLC increased its position in Capital One Financial by 7.3% in the 1st quarter. Stablepoint Partners LLC now owns 43,072 shares of the financial services provider's stock valued at $6,413,000 after acquiring an additional 2,916 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.