Capital One Financial (NYSE:COF) Given New $210.00 Price Target at JPMorgan Chase & Co.

Capital One Financial (NYSE:COF) had its target price upped by JPMorgan Chase & Co. from $183.00 to $210.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the financial services provider’s stock.

A number of other analysts have also recently issued reports on COF. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, April 24th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Wednesday, March 12th. Barclays reiterated an “overweight” rating and set a $253.00 target price (up from $212.00) on shares of Capital One Financial in a research report on Monday. Finally, BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $215.86.

Capital One Financial Stock Performance

NYSE COF opened at $210.93 on Thursday. The company’s fifty day moving average is $191.24 and its two-hundred day moving average is $186.22. Capital One Financial has a 52-week low of $128.23 and a 52-week high of $211.58. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. The firm has a market capitalization of $80.82 billion, a price-to-earnings ratio of 17.71, a P/E/G ratio of 0.91 and a beta of 1.13.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. Equities research analysts forecast that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.14%. Capital One Financial’s dividend payout ratio is 20.15%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director now directly owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares during the period. IFP Advisors Inc raised its stake in shares of Capital One Financial by 31.0% during the fourth quarter. IFP Advisors Inc now owns 2,403 shares of the financial services provider’s stock worth $428,000 after buying an additional 569 shares during the last quarter. FourThought Financial Partners LLC acquired a new position in Capital One Financial in the fourth quarter valued at approximately $252,000. Cutter & CO Brokerage Inc. bought a new position in Capital One Financial in the fourth quarter valued at approximately $211,000. Finally, Convergence Financial LLC grew its holdings in Capital One Financial by 4.7% during the 4th quarter. Convergence Financial LLC now owns 2,473 shares of the financial services provider’s stock worth $441,000 after acquiring an additional 112 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

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.