Capital One Financial (NYSE:COF) Shares Down 5.1% - Here's Why

Shares of Capital One Financial Co. (NYSE:COF) fell 5.1% on Monday . The stock traded as low as $164.48 and last traded at $163.17. 2,816,219 shares were traded during trading, a decline of 26% from the average session volume of 3,785,268 shares. The stock had previously closed at $171.87.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on COF. HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research note on Monday, December 9th. Truist Financial lowered their price objective on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a research note on Friday. Finally, Barclays raised their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and an average price target of $203.87.

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Capital One Financial Trading Up 0.1 %

The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business's fifty day simple moving average is $191.50 and its two-hundred day simple moving average is $175.90. The company has a market cap of $66.59 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. During the same quarter last year, the company earned $2.81 earnings per share. The firm's revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.37%. Capital One Financial's payout ratio is currently 20.71%.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COF. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Capital One Financial by 14.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,230 shares of the financial services provider's stock valued at $4,677,000 after acquiring an additional 3,226 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Capital One Financial in the 4th quarter valued at $91,780,000. Siemens Fonds Invest GmbH increased its holdings in shares of Capital One Financial by 2,139.7% in the 4th quarter. Siemens Fonds Invest GmbH now owns 92,431 shares of the financial services provider's stock valued at $16,482,000 after acquiring an additional 88,304 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Capital One Financial in the 4th quarter valued at $34,343,000. Finally, Jefferies Financial Group Inc. increased its holdings in shares of Capital One Financial by 737.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 22,583 shares of the financial services provider's stock valued at $4,027,000 after acquiring an additional 26,124 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

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.