Capital One Financial (NYSE:COF) Price Target Raised to $155.00 at JPMorgan Chase & Co.

Capital One Financial (NYSE:COF) had its price objective boosted by JPMorgan Chase & Co. from $148.00 to $155.00 in a research report sent to investors on Monday morning, Benzinga reports. The brokerage currently has a neutral rating on the financial services provider’s stock.

Other equities analysts have also recently issued reports about the company. Keefe, Bruyette & Woods restated an outperform rating and set a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. Jefferies Financial Group upgraded Capital One Financial from a hold rating to a buy rating and increased their price target for the stock from $145.00 to $165.00 in a report on Thursday, June 6th. Wells Fargo & Company increased their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an overweight rating in a report on Wednesday, April 10th. BTIG Research initiated coverage on Capital One Financial in a report on Friday, June 7th. They set a neutral rating on the stock. Finally, Evercore ISI cut their price target on Capital One Financial from $155.00 to $154.00 and set an in-line rating on the stock in a report on Tuesday, June 25th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and a consensus target price of $141.35.

View Our Latest Analysis on COF

Capital One Financial Stock Performance

NYSE:COF opened at $135.83 on Monday. The company has a market capitalization of $51.64 billion, a PE ratio of 10.64, a P/E/G ratio of 1.08 and a beta of 1.45. The company has a 50 day simple moving average of $138.75 and a two-hundred day simple moving average of $137.55. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. Capital One Financial has a fifty-two week low of $88.23 and a fifty-two week high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last released its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.31 EPS. Research analysts anticipate that Capital One Financial will post 13.35 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio is presently 18.79%.

Insider Activity

In other news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction on 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 completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of 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 legal filing with the SEC, which is available at this hyperlink. Also, insider Celia Karam sold 16,913 shares of Capital One Financial stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Large investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in Capital One Financial by 1.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 265,902 shares of the financial services provider’s stock valued at $25,806,000 after buying an additional 4,687 shares in the last quarter. Townsquare Capital LLC grew its holdings in Capital One Financial by 3.6% during the 3rd quarter. Townsquare Capital LLC now owns 24,714 shares of the financial services provider’s stock valued at $2,398,000 after buying an additional 860 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in Capital One Financial by 1.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 27,800 shares of the financial services provider’s stock valued at $2,698,000 after buying an additional 344 shares in the last quarter. Harbour Investments Inc. grew its holdings in Capital One Financial by 4.9% during the 3rd quarter. Harbour Investments Inc. now owns 5,890 shares of the financial services provider’s stock valued at $572,000 after buying an additional 276 shares in the last quarter. Finally, Comerica Bank grew its holdings in Capital One Financial by 158.7% during the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after buying an additional 53,894 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

About Capital One Financial

(Get Free Report)

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.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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