Capital One Financial (NYSE:COF) Rating Increased to Overweight at Barclays

Barclays upgraded shares of Capital One Financial (NYSE:COF) from an equal weight rating to an overweight rating in a research note issued to investors on Monday, MarketBeat.com reports. The brokerage currently has $219.00 target price on the financial services provider's stock, up from their previous target price of $158.00.

Several other analysts have also recently issued reports on COF. Wells Fargo & Company increased their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday. Keefe, Bruyette & Woods lifted their price target 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. Robert W. Baird boosted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Citigroup assumed coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research note on Monday, December 9th. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of "Hold" and an average target price of $178.13.

Capital One Financial Trading Up 1.6 %

NYSE:COF traded up $2.95 on Monday, reaching $183.38. 2,277,927 shares of the company's stock were exchanged, compared to its average volume of 1,985,842. The firm has a market capitalization of $69.96 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46. Capital One Financial has a 52-week low of $123.23 and a 52-week 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 fifty day moving average of $181.68 and a 200-day moving average of $157.69.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the firm earned $4.45 EPS. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. As a group, analysts expect that Capital One Financial will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the business'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 completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock worth $4,982,647 in the last 90 days. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in COF. Prossimo Advisors LLC boosted its holdings in Capital One Financial by 2.4% in the 3rd quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider's stock valued at $410,000 after purchasing an additional 65 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider's stock worth $266,000 after acquiring an additional 66 shares during the period. Baldwin Investment Management LLC raised its position in Capital One Financial by 0.6% in the third quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider's stock worth $1,829,000 after acquiring an additional 70 shares in the last quarter. Harbour Investments Inc. lifted its holdings in Capital One Financial by 0.7% in the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider's stock valued at $1,434,000 after acquiring an additional 71 shares during the period. Finally, Arvest Investments Inc. boosted its position in shares of Capital One Financial by 1.2% during the 3rd quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider's stock worth $975,000 after purchasing an additional 75 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

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.