Capital One Financial (NYSE:COF) Given New $230.00 Price Target at Citigroup

Capital One Financial (NYSE:COF) had its target price cut by Citigroup from $245.00 to $230.00 in a report released on Monday,Benzinga reports. They currently have a buy rating on the financial services provider's stock.

Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research report on Monday, December 9th. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, January 3rd. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Finally, Argus raised shares of Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and an average target price of $206.63.

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Capital One Financial Stock Performance

Shares of Capital One Financial stock traded up $1.68 during trading hours on Monday, reaching $182.54. The company's stock had a trading volume of 3,461,388 shares, compared to its average volume of 2,733,562. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The company's 50 day simple moving average is $191.47 and its 200 day simple moving average is $177.12. Capital One Financial has a one year low of $128.23 and a one year high of $210.67. The stock has a market cap of $69.61 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 EPS. The firm's revenue for the quarter was up 7.2% on a year-over-year basis. As a group, analysts expect that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial's dividend payout ratio is currently 20.71%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Norden Group LLC increased its holdings in Capital One Financial by 2.6% in the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after buying an additional 51 shares during the period. Catalyst Financial Partners LLC increased its stake in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after acquiring an additional 54 shares during the period. Quadrant Capital Group LLC raised its position in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock worth $936,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its stake in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after purchasing an additional 56 shares during the period. Finally, TFB Advisors LLC boosted its holdings in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after purchasing an additional 59 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.