Capital One Financial (NYSE:COF) Price Target Raised to $205.00 at The Goldman Sachs Group

Capital One Financial (NYSE:COF) had its price objective lifted by The Goldman Sachs Group from $182.00 to $205.00 in a report published on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the financial services provider's stock.

COF has been the subject of several other reports. Bank of America raised their target price on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Robert W. Baird lifted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Barclays lifted their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a "buy" rating and a $190.00 price target on the stock. Finally, Evercore ISI lifted their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $160.18.

Capital One Financial Price Performance

NYSE COF traded down $1.87 on Tuesday, hitting $181.00. 2,204,640 shares of the company's stock were exchanged, compared to its average volume of 2,573,391. The stock has a 50-day moving average of $159.40 and a 200-day moving average of $146.95. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial has a 52 week low of $105.39 and a 52 week high of $198.30. The stock has a market cap of $69.05 billion, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.37 and a beta of 1.43.

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

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be paid a $0.60 dividend. 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 presently 22.66%.

Insider Activity

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company's stock in a transaction dated 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 sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % 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 Mark Daniel Mouadeb sold 1,994 shares of the business's stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company's stock.

Institutional Trading of Capital One Financial

A number of hedge funds have recently made changes to their positions in the stock. LRI Investments LLC purchased a new position in Capital One Financial in the 1st quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new position in Capital One Financial in the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new position in Capital One Financial in the 2nd quarter worth approximately $29,000. Unique Wealth Strategies LLC purchased a new position in Capital One Financial in the 2nd quarter worth approximately $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial during the 3rd quarter valued at $36,000. 89.84% of the stock is owned by institutional investors.

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.