Capital One Financial (NYSE:COF) Given New $226.00 Price Target at HSBC

Capital One Financial (NYSE:COF) had its price objective decreased by HSBC from $234.00 to $226.00 in a research note released on Tuesday morning,MarketScreener reports. HSBC currently has a hold rating on the financial services provider’s stock.

A number of other equities research analysts have also commented on COF. JPMorgan Chase & Co. upped their target price on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Truist Financial lifted their price objective on shares of Capital One Financial from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Barclays increased their price objective on shares of Capital One Financial from $271.00 to $294.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Zacks Research cut shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, Evercore ISI restated an “outperform” rating and set a $290.00 target price on shares of Capital One Financial in a research report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $280.00.

Capital One Financial Price Performance

NYSE COF opened at $228.64 on Tuesday. The company has a market cap of $145.35 billion, a price-to-earnings ratio of 96.47, a PEG ratio of 0.55 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s fifty day moving average price is $232.55 and its 200 day moving average price is $223.19. Capital One Financial has a 1 year low of $143.22 and a 1 year high of $259.64.

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

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a $0.80 dividend. The ex-dividend date was Monday, November 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is presently 135.02%.

Insider Buying and Selling

In other Capital One Financial news, CEO Richard D. Fairbank sold 103,487 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the transaction, the chief executive officer owned 4,001,228 shares in the company, valued at approximately $882,990,995.04. This represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ravi Raghu sold 13,450 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the sale, the insider directly owned 30,337 shares in the company, valued at approximately $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 298,895 shares of company stock worth $67,111,541 in the last ninety days. 1.26% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tompkins Financial Corp increased its stake in shares of Capital One Financial by 4.3% during the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock worth $237,000 after purchasing an additional 40 shares in the last quarter. Focus Financial Network Inc. lifted its stake in Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after buying an additional 43 shares in the last quarter. Mather Group LLC. boosted its holdings in Capital One Financial by 1.0% in the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after buying an additional 47 shares during the last quarter. Stephens Consulting LLC increased its stake in Capital One Financial by 10.3% during the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after buying an additional 47 shares in the last quarter. Finally, Nicolet Advisory Services LLC raised its holdings in shares of Capital One Financial by 0.7% during the third quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock valued at $1,506,000 after acquiring an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.