Capital One Financial Corporation (NYSE:COF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Capital One Financial Corporation (NYSE:COF) have earned a consensus rating of “Moderate Buy” from the twenty-six ratings firms that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $261.6316.

A number of brokerages have recently issued reports on COF. Morgan Stanley boosted their price objective on Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Robert W. Baird increased their price target on Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Finally, Rothschild & Co Redburn began coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 target price on the stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, CEO Richard D. Fairbank sold 103,487 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total value of $22,837,511.16. Following the completion of the sale, the chief executive officer owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This trade represents a 2.52% 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 Neal Blinde sold 43,200 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total value of $9,583,056.00. Following the transaction, the insider directly owned 73,020 shares in the company, valued at $16,198,026.60. The trade was a 37.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 274,013 shares of company stock valued at $61,045,903. 1.26% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Foundations Investment Advisors LLC raised its stake in shares of Capital One Financial by 4.4% in the first quarter. Foundations Investment Advisors LLC now owns 2,127 shares of the financial services provider’s stock worth $381,000 after purchasing an additional 90 shares during the last quarter. Vestcor Inc lifted its holdings in shares of Capital One Financial by 10.9% in the first quarter. Vestcor Inc now owns 7,580 shares of the financial services provider’s stock valued at $1,359,000 after purchasing an additional 746 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Capital One Financial by 515.3% in the first quarter. Arkadios Wealth Advisors now owns 10,927 shares of the financial services provider’s stock valued at $1,959,000 after purchasing an additional 9,151 shares in the last quarter. Finally, Natixis Advisors LLC boosted its position in shares of Capital One Financial by 4.8% during the first quarter. Natixis Advisors LLC now owns 164,448 shares of the financial services provider’s stock valued at $29,486,000 after buying an additional 7,458 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.3%

NYSE COF opened at $218.09 on Friday. The firm has a market capitalization of $138.65 billion, a PE ratio of 92.02, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. The business’s 50-day moving average price is $215.56 and its two-hundred day moving average price is $212.31. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial has a 12 month low of $143.22 and a 12 month high of $232.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The business had revenue of $15.46 billion during the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. On average, analysts expect that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be given a dividend of $0.80 per share. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 135.02%.

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.