Capital One Financial Co. (NYSE:COF) Given Average Rating of “Buy” by Analysts

Shares of Capital One Financial Co. (NYSE:COF) have been assigned an average recommendation of “Buy” from the twenty-four brokerages that are currently covering the firm, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $177.88.

COF has been the topic of a number of recent analyst reports. Bank of America cut their target price on Capital One Financial from $185.00 to $167.00 in a research report on Thursday, March 17th. Wolfe Research lowered Capital One Financial from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 17th. Credit Suisse Group dropped their price target on Capital One Financial from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 26th. The Goldman Sachs Group lowered Capital One Financial from a “conviction-buy” rating to a “buy” rating in a research report on Thursday, January 6th. Finally, Citigroup upped their price target on Capital One Financial from $185.00 to $189.00 and gave the company a “buy” rating in a research report on Thursday, March 24th.

In other news, General Counsel Matthew W. Cooper sold 6,767 shares of the stock in a transaction on Thursday, January 27th. The stock was sold at an average price of $146.82, for a total value of $993,530.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders sold 6,825 shares of company stock valued at $1,002,042. Company insiders own 1.27% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. Winthrop Advisory Group LLC bought a new position in Capital One Financial during the first quarter valued at about $207,000. Traynor Capital Management Inc. bought a new position in Capital One Financial during the first quarter valued at about $303,000. Webster Bank N. A. boosted its stake in Capital One Financial by 5.8% during the first quarter. Webster Bank N. A. now owns 30,246 shares of the financial services provider’s stock valued at $3,971,000 after buying an additional 1,668 shares in the last quarter. Abacus Planning Group Inc. bought a new position in Capital One Financial during the first quarter valued at about $211,000. Finally, Cantor Fitzgerald Investment Advisor L.P boosted its stake in Capital One Financial by 63.4% during the first quarter. Cantor Fitzgerald Investment Advisor L.P now owns 36,387 shares of the financial services provider’s stock valued at $4,777,000 after buying an additional 14,117 shares in the last quarter. 88.94% of the stock is owned by institutional investors and hedge funds.

NYSE COF opened at $132.62 on Thursday. The stock has a market cap of $54.59 billion, a PE ratio of 4.94, a P/E/G ratio of 0.40 and a beta of 1.51. Capital One Financial has a fifty-two week low of $122.43 and a fifty-two week high of $177.95. The business has a 50 day moving average price of $140.64 and a two-hundred day moving average price of $149.49. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 0.69.

Capital One Financial (NYSE:COFGet Rating) last released its quarterly earnings results on Tuesday, January 25th. The financial services provider reported $5.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $5.14 by $0.27. Capital One Financial had a return on equity of 19.77% and a net margin of 38.68%. The firm had revenue of $8.12 billion during the quarter, compared to analysts’ expectations of $7.93 billion. During the same quarter in the prior year, the business earned $5.29 EPS. Capital One Financial’s quarterly revenue was up 10.6% compared to the same quarter last year. Sell-side analysts anticipate that Capital One Financial will post 20.15 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, February 25th. Stockholders of record on Monday, February 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, February 11th. This represents a $2.40 annualized dividend and a dividend yield of 1.81%. Capital One Financial’s payout ratio is 8.94%.

Capital One Financial Company Profile (Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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