Capital One Financial Corporation (NYSE:COF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Capital One Financial Corporation (NYSE:COF) has received a consensus recommendation of “Moderate Buy” from the twenty-two brokerages that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $258.75.

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Argus lowered their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Morgan Stanley lowered their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. TD Cowen lowered their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Finally, Barclays lifted their target price on shares of Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd.

Insiders Place Their Bets

In other news, insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total value of $7,265,098.85. Following the sale, the insider owned 33,551 shares of the company’s stock, valued at $6,391,801.01. The trade was a 53.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lia Dean sold 1,692 shares of Capital One Financial stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the sale, the insider directly owned 65,454 shares in the company, valued at approximately $12,148,916.94. The trade was a 2.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 49,904 shares of company stock valued at $9,528,159. Corporate insiders own 0.78% of the company’s stock.

Institutional Trading of Capital One Financial

A number of institutional investors have recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC purchased a new stake in Capital One Financial during the first quarter worth about $3,674,000. Western Wealth Management LLC boosted its holdings in Capital One Financial by 4.6% during the first quarter. Western Wealth Management LLC now owns 7,345 shares of the financial services provider’s stock worth $1,340,000 after buying an additional 324 shares in the last quarter. Paragon Private Wealth Management LLC grew its holdings in shares of Capital One Financial by 10.2% in the 1st quarter. Paragon Private Wealth Management LLC now owns 5,212 shares of the financial services provider’s stock worth $951,000 after acquiring an additional 484 shares during the period. Bank of America Corp DE increased its stake in Capital One Financial by 4.6% in the 1st quarter. Bank of America Corp DE now owns 6,739,970 shares of the financial services provider’s stock valued at $1,229,573,000 after purchasing an additional 294,241 shares in the last quarter. Finally, RBF Capital LLC increased its stake in Capital One Financial by 5.3% in the 1st quarter. RBF Capital LLC now owns 72,596 shares of the financial services provider’s stock valued at $13,244,000 after purchasing an additional 3,680 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.6%

Shares of Capital One Financial stock opened at $187.80 on Friday. Capital One Financial has a 1 year low of $174.98 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $116.87 billion, a P/E ratio of 65.90, a PEG ratio of 0.68 and a beta of 1.05. The company’s fifty day moving average is $188.36 and its two-hundred day moving average is $210.48.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. During the same period in the previous year, the business posted $4.06 earnings per share. The company’s revenue for the quarter was up 52.3% on a year-over-year basis. Analysts forecast that Capital One Financial will post 19.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s payout ratio is presently 112.28%.

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.