Capital One Financial (NYSE:COF) PT Raised to $155.00

Capital One Financial (NYSE:COF) had its price target raised by JPMorgan Chase & Co. from $148.00 to $155.00 in a report released on Monday, Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the financial services provider’s stock.

A number of other analysts have also issued reports on COF. Evercore ISI lowered their price target on Capital One Financial from $155.00 to $154.00 and set an in-line rating on the stock in a research note on Tuesday, June 25th. Keefe, Bruyette & Woods reiterated an outperform rating and set a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Wolfe Research upgraded Capital One Financial from a peer perform rating to an outperform rating and set a $189.00 price objective on the stock in a research report on Thursday, April 4th. BTIG Research started coverage on Capital One Financial in a research report on Friday, June 7th. They set a neutral rating on the stock. Finally, Wells Fargo & Company lifted their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an overweight rating in a research report on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of Hold and an average price target of $141.35.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $138.92 on Monday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The business’s 50 day moving average price is $138.46 and its 200-day moving average price is $137.60. The firm has a market capitalization of $52.82 billion, a PE ratio of 10.88, a P/E/G ratio of 1.07 and a beta of 1.45. Capital One Financial has a 1 year low of $88.23 and a 1 year high of $149.94.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The firm had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.31 earnings per share. As a group, equities research analysts expect that Capital One Financial will post 13.35 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Monday, May 13th were paid a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.73%. Capital One Financial’s payout ratio is presently 18.79%.

Insider Activity

In other news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares of the company’s stock, valued at approximately $6,726,933.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. LRI Investments LLC acquired a new position in shares of Capital One Financial during the 1st quarter worth about $25,000. Householder Group Estate & Retirement Specialist LLC boosted its position in shares of Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 199 shares in the last quarter. Bartlett & Co. LLC boosted its position in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its position in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.