Capital One Financial Co. (NYSE:COF) has received an average recommendation of "Hold" from the eighteen brokerages that are presently covering the company, Marketbeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $160.18.
A number of research analysts have recently weighed in on the company. Barclays raised their price target on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th. Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Evercore ISI upped their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research report on Wednesday, October 30th. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Royal Bank of Canada boosted their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th.
Read Our Latest Research Report on COF
Insider Transactions at Capital One Financial
In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the company's stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares of the company's stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. M&T Bank Corp grew its position in shares of Capital One Financial by 0.5% during the third quarter. M&T Bank Corp now owns 128,304 shares of the financial services provider's stock worth $19,211,000 after acquiring an additional 620 shares during the last quarter. Soltis Investment Advisors LLC grew its position in Capital One Financial by 6.0% in the 3rd quarter. Soltis Investment Advisors LLC now owns 4,324 shares of the financial services provider's stock worth $647,000 after purchasing an additional 245 shares during the last quarter. Toronto Dominion Bank increased its stake in shares of Capital One Financial by 30.8% in the third quarter. Toronto Dominion Bank now owns 161,827 shares of the financial services provider's stock valued at $24,230,000 after purchasing an additional 38,137 shares during the period. Neo Ivy Capital Management bought a new stake in shares of Capital One Financial during the third quarter valued at approximately $242,000. Finally, Coldstream Capital Management Inc. boosted its position in shares of Capital One Financial by 15.6% during the third quarter. Coldstream Capital Management Inc. now owns 7,242 shares of the financial services provider's stock worth $1,116,000 after buying an additional 979 shares during the period. 89.84% of the stock is currently owned by institutional investors.
Capital One Financial Price Performance
Shares of Capital One Financial stock traded down $1.87 during trading on Tuesday, reaching $181.00. The company's stock had a trading volume of 2,204,640 shares, compared to its average volume of 2,573,391. Capital One Financial has a 12-month low of $105.39 and a 12-month high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The business has a 50 day moving average price of $158.54 and a 200-day moving average price of $146.68. The company has a market capitalization of $69.05 billion, a P/E ratio of 17.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43.
Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $4.45 EPS. As a group, sell-side analysts anticipate that Capital One Financial will post 13.54 EPS for the current year.
Capital One Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial's dividend payout ratio is currently 22.66%.
About Capital One Financial
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Get Free ReportCapital 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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