Capital One Financial (NYSE:COF) Trading Up 4.9%

Capital One Financial Co. (NYSE:COF) was up 4.9% during mid-day trading on Thursday . The company traded as high as $143.65 and last traded at $143.54. Approximately 1,338,914 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 2,658,142 shares. The stock had previously closed at $136.77.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on COF shares. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 10th. Citigroup boosted their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, February 23rd. Wolfe Research upgraded shares of Capital One Financial from a "peer perform" rating to an "outperform" rating and set a $189.00 price target for the company in a research note on Thursday, April 4th. Piper Sandler boosted their price target on shares of Capital One Financial from $126.00 to $142.00 and gave the company a "neutral" rating in a research note on Friday, February 23rd. Finally, BMO Capital Markets boosted their price target on shares of Capital One Financial from $124.00 to $125.00 and gave the company a "market perform" rating in a research note on Monday, January 29th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of "Hold" and a consensus target price of $137.05.

Capital One Financial Stock Performance

The firm has a market capitalization of $53.90 billion, a PE ratio of 11.86, a P/E/G ratio of 0.98 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. The company's fifty day simple moving average is $139.19 and its 200 day simple moving average is $123.73.

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 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.26). The business had revenue of $9.51 billion for the quarter, compared to analysts' expectations of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. As a group, equities research analysts expect that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.69%. The ex-dividend date was Friday, February 9th. Capital One Financial's dividend payout ratio (DPR) is presently 20.08%.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors have recently added to or reduced their stakes in the business. Comerica Bank lifted its holdings in shares of Capital One Financial by 158.7% in the third quarter. Comerica Bank now owns 87,852 shares of the financial services provider's stock worth $8,526,000 after buying an additional 53,894 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Capital One Financial by 1.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider's stock valued at $242,471,000 after acquiring an additional 40,585 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Capital One Financial by 15.2% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider's stock valued at $7,443,000 after acquiring an additional 10,107 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of Capital One Financial by 4.3% in the third quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider's stock worth $12,807,000 after purchasing an additional 5,439 shares during the last quarter. Finally, Mariner LLC grew its holdings in shares of Capital One Financial by 3.5% in the third quarter. Mariner LLC now owns 65,596 shares of the financial services provider's stock worth $6,366,000 after purchasing an additional 2,228 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

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.