Capital One Financial Corporation (NYSE:COF) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Capital One Financial Corporation (NYSE:COF) have received a consensus rating of “Moderate Buy” from the twenty-four analysts that are covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $258.4091.

COF has been the subject of a number of recent analyst reports. Rothschild & Co Redburn dropped their price target on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Wednesday, June 24th. Bank of America decreased their price target on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research note on Thursday. Evercore dropped their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Finally, Wells Fargo & Company decreased their target price on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th.

Insider Buying and Selling

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the completion of the transaction, the general counsel owned 90,194 shares of the company’s stock, valued at $18,760,352. This trade represents a 3.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This represents a 2.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 8,749 shares of company stock worth $1,708,577. 0.78% of the stock is owned by company insiders.

Institutional Trading of Capital One Financial

Large investors have recently made changes to their positions in the company. Swiss Life Asset Management Ltd grew its position in Capital One Financial by 16.4% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 104,192 shares of the financial services provider’s stock worth $22,149,000 after purchasing an additional 14,700 shares during the last quarter. Wealth Enhancement Trust Services Inc. bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $1,303,000. HighTower Advisors LLC raised its holdings in shares of Capital One Financial by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock valued at $85,739,000 after buying an additional 54,263 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Capital One Financial by 239.5% during the fourth quarter. Nordea Investment Management AB now owns 265,062 shares of the financial services provider’s stock worth $64,654,000 after buying an additional 186,988 shares during the period. Finally, Global X Japan Co. Ltd. boosted its position in shares of Capital One Financial by 958.9% during the fourth quarter. Global X Japan Co. Ltd. now owns 36,192 shares of the financial services provider’s stock worth $8,771,000 after buying an additional 32,774 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 0.7%

Shares of Capital One Financial stock traded up $1.32 during trading hours on Friday, hitting $201.42. The company’s stock had a trading volume of 2,380,007 shares, compared to its average volume of 4,430,346. The stock has a market cap of $125.34 billion, a price-to-earnings ratio of 70.68, a P/E/G ratio of 0.73 and a beta of 1.02. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial has a twelve month low of $174.24 and a twelve month high of $259.64. The firm has a fifty day moving average of $191.87 and a 200-day moving average of $203.40.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same period in the previous year, the business posted $4.06 earnings per share. Research analysts forecast that Capital One Financial will post 19.55 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is presently 112.28%.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.