Capital One Financial (NYSE:COF) Price Target Lowered to $226.00 at Barclays

Capital One Financial (NYSE:COF) had its price objective lowered by Barclays from $287.00 to $226.00 in a research note issued to investors on Monday morning, Marketbeat.com reports. Barclays currently has an overweight rating on the financial services provider’s stock.

COF has been the subject of a number of other research reports. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Wells Fargo & Company raised their price objective on Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Citigroup raised their price objective on Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Jefferies Financial Group restated a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a research note on Monday, March 16th. Finally, Evercore lowered their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $269.25.

Capital One Financial Price Performance

COF stock opened at $183.95 on Monday. 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 has a 1 year low of $143.22 and a 1 year high of $259.64. The firm has a market cap of $114.40 billion, a P/E ratio of 62.14, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. The stock has a 50-day simple moving average of $197.52 and a 200-day simple moving average of $216.00.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same quarter last year, the business posted $2.67 EPS. Capital One Financial’s quarterly revenue was up 53.3% compared to the same quarter last year. On average, equities analysts predict 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. Shareholders of record on Thursday, February 19th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the transaction, the insider owned 40,230 shares of the company’s stock, valued at $8,247,150. This trade represents a 8.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lia Dean sold 3,284 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the transaction, the insider directly owned 70,162 shares in the company, valued at approximately $15,693,836.16. This represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 50,047 shares of company stock worth $9,742,217. 1.26% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Tompkins Financial Corp lifted its holdings in Capital One Financial by 4.3% during the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock worth $237,000 after buying an additional 40 shares during the last quarter. Focus Financial Network Inc. lifted its holdings in Capital One Financial by 2.8% during the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after buying an additional 43 shares during the last quarter. First Command Advisory Services Inc. lifted its holdings in Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock worth $259,000 after buying an additional 46 shares during the last quarter. Mather Group LLC. lifted its holdings in Capital One Financial by 1.0% during 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. Finally, Stephens Consulting LLC lifted its holdings 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 during the last quarter. 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.