Brokerages Set Capital One Financial Co. (NYSE:COF) Target Price at $138.50

Shares of Capital One Financial Co. (NYSE:COF) have received an average recommendation of “Hold” from the nineteen research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $138.50.

COF has been the subject of several research reports. JPMorgan Chase & Co. upped their target price on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. Citigroup increased their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Evercore ISI boosted their price target on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Capital One Financial in a research note on Wednesday, January 10th. They set a “hold” rating and a $153.00 price objective on the stock. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 price objective on shares of Capital One Financial in a report on Wednesday, March 27th.

Insider Transactions at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the sale, the insider now owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Comerica Bank boosted its position in shares of Capital One Financial by 158.7% in the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after purchasing an additional 53,894 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Capital One Financial by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock valued at $242,471,000 after acquiring an additional 40,585 shares during the period. First Trust Direct Indexing L.P. grew its position in shares of Capital One Financial by 14.3% during the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock worth $1,667,000 after acquiring an additional 1,588 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Capital One Financial by 15.2% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock worth $7,443,000 after purchasing an additional 10,107 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its holdings in shares of Capital One Financial by 4.3% in the third quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock valued at $12,807,000 after buying an additional 5,439 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 0.4 %

COF stock opened at $142.41 on Friday. Capital One Financial has a 12 month low of $83.93 and a 12 month high of $149.94. The firm’s 50-day moving average is $141.17 and its 200 day moving average is $127.98. The company has a market capitalization of $54.14 billion, a PE ratio of 11.15, a P/E/G ratio of 1.03 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business posted $2.31 earnings per share. On average, research analysts anticipate that Capital One Financial will post 13.7 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Friday, May 10th. Capital One Financial’s dividend payout ratio is presently 18.79%.

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.