Capital One Financial (NYSE:COF) Price Target Raised to $186.00

Capital One Financial (NYSE:COF) had its price target upped by JPMorgan Chase & Co. from $162.00 to $186.00 in a research note published on Monday morning,Benzinga reports. They currently have a neutral rating on the financial services provider’s stock.

Several other research firms have also weighed in on COF. Barclays raised their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Keefe, Bruyette & Woods increased their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday. The Goldman Sachs Group boosted their price objective on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Robert W. Baird boosted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Finally, Citigroup initiated coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $168.47.

Capital One Financial Price Performance

NYSE:COF opened at $186.08 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $171.85 and its 200 day moving average price is $151.80. Capital One Financial has a 52-week low of $118.52 and a 52-week high of $198.30. The firm has a market cap of $70.99 billion, a P/E ratio of 17.57, a PEG ratio of 1.37 and a beta of 1.45.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $4.45 EPS. As a group, sell-side analysts predict that Capital One Financial will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. Capital One Financial’s payout ratio is 22.66%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 in the last 90 days. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial during the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC bought a new stake in Capital One Financial in the second quarter valued at $36,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial during the third quarter worth $36,000. Finally, Accordant Advisory Group Inc bought a new position in shares of Capital One Financial during the second quarter valued at $42,000. 89.84% of the stock is currently 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.