Capital One Financial Corporation (NYSE:COF) Given Consensus Rating of “Moderate Buy” by Brokerages

Capital One Financial Corporation (NYSE:COF) has earned an average rating of “Moderate Buy” from the twenty-two research firms that are presently covering the company, Marketbeat 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 1 year target price among brokers that have updated their coverage on the stock in the last year is $274.45.

A number of equities research analysts have weighed in on COF shares. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Wells Fargo & Company increased their target price on Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Royal Bank Of Canada restated a “sector perform” rating and set a $275.00 target price on shares of Capital One Financial in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a research note on Friday, March 27th. Finally, JPMorgan Chase & Co. increased their price objective on Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th.

Insider Buying and Selling at Capital One Financial

In related news, insider Neal Blinde sold 38,135 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the sale, the insider owned 33,551 shares in the company, valued at $6,391,801.01. This trade represents a 53.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Celia Karam sold 2,108 shares of Capital One Financial stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $218.25, for a total transaction of $460,071.00. Following the transaction, the insider directly owned 59,269 shares of the company’s stock, valued at $12,935,459.25. This represents a 3.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 62,706 shares of company stock worth $13,086,680 over the last ninety days. Company insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Evolution Wealth Management Inc. increased its holdings in Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new position in Capital One Financial in the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC grew its holdings in shares of Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Strive Asset Management LLC bought a new stake in shares of Capital One Financial during the third quarter worth $28,000. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Capital One Financial in the second quarter valued at $29,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 1.4%

Shares of COF stock opened at $181.98 on Friday. The firm has a fifty day moving average of $198.96 and a 200-day moving average of $216.75. The stock has a market cap of $113.18 billion, a price-to-earnings ratio of 61.48, a P/E/G ratio of 0.56 and a beta of 1.14. Capital One Financial has a 52-week low of $143.22 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04.

Capital One Financial (NYSE:COF) last issued 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 business had revenue of $15.62 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same quarter last year, the firm posted $2.67 earnings per share. Capital One Financial’s revenue was up 53.3% on a year-over-year basis. On average, equities research analysts forecast that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.8%. Capital One Financial’s dividend payout ratio is presently 108.11%.

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.