Brokerages Set Capital One Financial Corporation (NYSE:COF) PT at $274.70

Capital One Financial Corporation (NYSE:COF) has earned an average rating of “Moderate Buy” from the twenty-two analysts that are presently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $274.70.

Several research analysts have issued reports on the stock. Evercore decreased their price target on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 27th. Robert W. Baird lifted their target price on Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Jefferies Financial Group boosted their target price on Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 29th. Finally, TD Cowen restated a “buy” rating on shares of Capital One Financial in a report on Thursday, January 8th.

Capital One Financial Trading Up 0.3%

Capital One Financial stock opened at $207.60 on Thursday. Capital One Financial has a 1 year low of $143.22 and a 1 year high of $259.64. The firm’s 50-day moving average is $234.33 and its 200-day moving average is $223.55. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $131.98 billion, a P/E ratio of 70.14, a PEG ratio of 0.61 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm had revenue of $15.62 billion for the quarter, compared to the consensus estimate of $15.49 billion. During the same period in the prior year, the business earned $2.67 EPS. The company’s quarterly revenue was up 53.3% compared to the same quarter last year. On average, equities analysts expect that Capital One Financial will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be given a $0.80 dividend. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Insider Activity

In related news, insider Celia Karam sold 2,108 shares of Capital One Financial stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the transaction, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ravi Raghu sold 13,450 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the sale, the insider owned 30,337 shares of the company’s stock, valued at $7,584,250. The trade was a 30.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 34,274 shares of company stock worth $8,131,054. Company insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently bought and sold shares of COF. Earned Wealth Advisors LLC purchased a new position in shares of Capital One Financial during the second quarter valued at $254,000. Cortland Associates Inc. MO bought a new position in shares of Capital One Financial in the third quarter valued at about $14,391,000. CIBC Asset Management Inc lifted its position in Capital One Financial by 53.9% during the 2nd quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock valued at $18,830,000 after purchasing an additional 30,991 shares during the period. Meridian Wealth Management LLC lifted its stake in Capital One Financial by 334.8% in the third quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock valued at $1,999,000 after buying an additional 7,241 shares during the period. Finally, Montecito Bank & Trust bought a new stake in shares of Capital One Financial in the 3rd quarter valued at $647,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

About Capital One Financial

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.