Capital One Financial Co. (NYSE:COF) Receives Consensus Rating of “Hold” from Brokerages

Capital One Financial Co. (NYSE:COF) has been assigned an average recommendation of “Hold” from the twenty ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $136.07.

Several brokerages have commented on COF. JPMorgan Chase & Co. lowered their target price on Capital One Financial from $134.00 to $126.00 and set an “overweight” rating for the company in a research note on Tuesday, October 18th. Piper Sandler reduced their price target on Capital One Financial from $125.00 to $110.00 and set a “neutral” rating on the stock in a report on Monday, September 26th. Morgan Stanley reduced their price target on Capital One Financial from $121.00 to $115.00 and set an “equal weight” rating on the stock in a report on Friday, October 28th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $124.00 to $113.00 in a report on Tuesday, November 15th. Finally, Citigroup reduced their price target on Capital One Financial from $157.00 to $119.00 and set a “buy” rating on the stock in a report on Thursday, October 13th.

Capital One Financial Stock Up 0.1 %

Shares of NYSE COF opened at $101.63 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 1.06. The company has a market cap of $38.79 billion, a price-to-earnings ratio of 5.03, a PEG ratio of 0.70 and a beta of 1.43. Capital One Financial has a 12 month low of $90.27 and a 12 month high of $162.40. The stock has a 50-day moving average price of $99.83 and a two-hundred day moving average price of $107.46.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 25th. Investors of record on Monday, November 14th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.36%. The ex-dividend date is Thursday, November 10th. Capital One Financial’s payout ratio is presently 11.89%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Timothy P. Golden sold 322 shares of the business’s stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $108.85, for a total value of $35,049.70. Following the transaction, the insider now directly owns 11,392 shares of the company’s stock, valued at $1,240,019.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Capital One Financial news, insider Mark Daniel Mouadeb sold 600 shares of the business’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $100.94, for a total value of $60,564.00. Following the transaction, the insider now directly owns 12,243 shares of the company’s stock, valued at $1,235,808.42. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Timothy P. Golden sold 322 shares of the company’s stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $108.85, for a total value of $35,049.70. Following the transaction, the insider now directly owns 11,392 shares in the company, valued at $1,240,019.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,938 shares of company stock valued at $2,856,883. 1.27% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors have recently modified their holdings of the company. Ethic Inc. raised its position in shares of Capital One Financial by 0.4% during the first quarter. Ethic Inc. now owns 23,140 shares of the financial services provider’s stock worth $3,038,000 after purchasing an additional 89 shares during the period. Sumitomo Life Insurance Co. raised its position in shares of Capital One Financial by 1.4% during the second quarter. Sumitomo Life Insurance Co. now owns 6,496 shares of the financial services provider’s stock worth $677,000 after purchasing an additional 92 shares during the period. True North Advisors LLC raised its position in Capital One Financial by 0.4% in the 2nd quarter. True North Advisors LLC now owns 24,095 shares of the financial services provider’s stock valued at $2,510,000 after buying an additional 95 shares during the last quarter. Institutional & Family Asset Management LLC raised its position in Capital One Financial by 1.5% in the 2nd quarter. Institutional & Family Asset Management LLC now owns 6,658 shares of the financial services provider’s stock valued at $694,000 after buying an additional 96 shares during the last quarter. Finally, Montecito Bank & Trust raised its position in Capital One Financial by 1.4% in the 2nd quarter. Montecito Bank & Trust now owns 6,955 shares of the financial services provider’s stock valued at $725,000 after buying an additional 98 shares during the last quarter. 88.44% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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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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