Capital One Financial Corporation (NYSE:COF) Receives $265.25 Consensus Price Target from Analysts

Capital One Financial Corporation (NYSE:COF) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-seven research firms that are covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, seventeen have given a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $267.45.

A number of equities analysts have weighed in on COF shares. The Goldman Sachs Group upped their target price on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Morgan Stanley reissued an “overweight” rating and set a $280.00 price objective on shares of Capital One Financial in a report on Tuesday, December 16th. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Capital One Financial from $240.00 to $263.00 and gave the company a “hold” rating in a research report on Wednesday, December 17th. Finally, Zacks Research lowered shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th.

Capital One Financial Stock Performance

NYSE COF opened at $249.58 on Wednesday. The company’s 50 day simple moving average is $224.67 and its two-hundred day simple moving average is $218.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. Capital One Financial has a 1 year low of $143.22 and a 1 year high of $249.73. The stock has a market capitalization of $158.67 billion, a PE ratio of 105.31, a P/E/G ratio of 0.57 and a beta of 1.16.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion for the quarter. Analysts predict that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a $0.80 dividend. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial’s payout ratio is currently 135.02%.

Insider Activity

In other news, insider Lia Dean sold 3,269 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the transaction, the insider directly owned 69,855 shares in the company, valued at approximately $15,238,868.25. This represents a 4.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Celia Karam sold 2,936 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $640,488.40. Following the transaction, the insider owned 63,433 shares in the company, valued at $13,837,908.95. This trade represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 280,218 shares of company stock valued at $62,395,804. 1.26% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. AIA Group Ltd grew its holdings in shares of Capital One Financial by 100.4% during the 3rd quarter. AIA Group Ltd now owns 24,362 shares of the financial services provider’s stock valued at $5,179,000 after purchasing an additional 12,207 shares during the last quarter. Keel Point LLC lifted its stake in Capital One Financial by 2.6% in the third quarter. Keel Point LLC now owns 4,243 shares of the financial services provider’s stock worth $902,000 after purchasing an additional 109 shares during the last quarter. FNY Investment Advisers LLC lifted its stake in Capital One Financial by 2,698.5% in the third quarter. FNY Investment Advisers LLC now owns 3,750 shares of the financial services provider’s stock worth $797,000 after purchasing an additional 3,616 shares during the last quarter. Severin Investments LLC boosted its position in Capital One Financial by 3.1% during the third quarter. Severin Investments LLC now owns 2,434 shares of the financial services provider’s stock valued at $517,000 after buying an additional 74 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of Capital One Financial by 4.1% during the third quarter. IFP Advisors Inc now owns 11,603 shares of the financial services provider’s stock valued at $2,467,000 after buying an additional 461 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

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.