Capital One Financial (NYSE:COF) Given New $224.00 Price Target at Deutsche Bank Aktiengesellschaft

Capital One Financial (NYSE:COF) had its price objective increased by Deutsche Bank Aktiengesellschaft from $215.00 to $224.00 in a report published on Thursday,MarketScreener reports. The firm currently has a hold rating on the financial services provider’s stock.

A number of other equities research analysts have also issued reports on the company. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Truist Financial increased their price target on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a report on Friday, August 1st. They set a “buy” rating and a $290.00 price objective for the company. TD Cowen raised shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $184.00 to $258.00 in a report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $245.00 to $248.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $245.67.

Capital One Financial Trading Up 0.1%

Shares of COF stock opened at $213.79 on Thursday. Capital One Financial has a 52-week low of $143.22 and a 52-week high of $232.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $136.72 billion, a PE ratio of 109.64, a PEG ratio of 0.81 and a beta of 1.18. The stock has a fifty day simple moving average of $219.26 and a two-hundred day simple moving average of $200.65.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. During the same quarter in the previous year, the company posted $3.14 EPS. The company’s quarterly revenue was up 31.4% on a year-over-year basis. On average, analysts predict that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 15th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is presently 123.08%.

Insider Buying and Selling at Capital One Financial

In related news, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total value of $2,304,576.04. Following the completion of the transaction, the insider owned 68,707 shares of the company’s stock, valued at approximately $15,655,577.02. This trade represents a 12.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,298 shares of company stock worth $4,679,844 in the last 90 days. 1.26% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. WPG Advisers LLC bought a new position in shares of Capital One Financial in the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC lifted its stake in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its stake in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 101 shares during the last quarter. Saudi Central Bank bought a new stake in Capital One Financial in the first quarter worth about $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial in the second quarter worth about $27,000. Institutional investors own 89.84% of the company’s stock.

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.