Royal Bank of Canada Increases Capital One Financial (NYSE:COF) Price Target to $200.00

Capital One Financial (NYSE:COF) had its price target increased by Royal Bank of Canada from $190.00 to $200.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a sector perform rating on the financial services provider's stock.

A number of other research firms have also weighed in on COF. HSBC raised 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 report on Tuesday, January 14th. UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and raised their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a research report on Friday, January 3rd. Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Finally, Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a report on Monday, December 9th. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $190.47.

Capital One Financial Trading Up 4.1 %

NYSE COF traded up $8.00 during mid-day trading on Wednesday, hitting $201.21. The company's stock had a trading volume of 7,313,540 shares, compared to its average volume of 3,503,355. The firm has a market capitalization of $76.71 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.23 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial has a 52-week low of $128.23 and a 52-week high of $202.15. The stock's fifty day simple moving average is $183.98 and its two-hundred day simple moving average is $161.38.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10,220,675.12 billion. During the same quarter last year, the firm posted $2.81 EPS. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. Research analysts expect that Capital One Financial will post 13.53 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a dividend of $0.60 per share. The ex-dividend date was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.19%. Capital One Financial's payout ratio is currently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kara West sold 721 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares of the company's stock, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Decker Retirement Planning Inc. bought a new stake in Capital One Financial in the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter worth approximately $36,000. Creative Financial Designs Inc. ADV lifted its stake in Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank bought a new stake in Capital One Financial during the third quarter worth approximately $44,000. Finally, Prospera Private Wealth LLC acquired a new position in Capital One Financial in the third quarter worth approximately $47,000. 89.84% of the stock is currently owned by 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.