Evercore ISI Trims Capital One Financial (NYSE:COF) Target Price to $154.00

Capital One Financial (NYSE:COF) had its price target trimmed by Evercore ISI from $155.00 to $154.00 in a report released on Tuesday morning, Benzinga reports. The brokerage currently has an in-line rating on the financial services provider’s stock.

Other equities analysts also recently issued research reports about the company. Jefferies Financial Group upgraded Capital One Financial from a hold rating to a buy rating and increased their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Wells Fargo & Company increased their price target on Capital One Financial from $160.00 to $165.00 and gave the company an overweight rating in a report on Wednesday, April 10th. Wolfe Research raised Capital One Financial from a peer perform rating to an outperform rating and set a $189.00 price objective for the company in a research report on Thursday, April 4th. Keefe, Bruyette & Woods reissued an outperform rating and issued a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Finally, JPMorgan Chase & Co. increased their price objective on Capital One Financial from $134.00 to $152.00 and gave the company a neutral rating in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of Hold and an average target price of $141.20.

Capital One Financial Price Performance

Shares of COF opened at $134.07 on Tuesday. The company has a market capitalization of $50.97 billion, a price-to-earnings ratio of 10.50, a P/E/G ratio of 1.07 and a beta of 1.45. Capital One Financial has a fifty-two week low of $88.23 and a fifty-two week high of $149.94. 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 is $140.05 and its 200-day moving average is $136.87.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The business had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. During the same quarter in the prior year, the company earned $2.31 EPS. Capital One Financial’s revenue for the quarter was up 5.6% on a year-over-year basis. Equities research analysts expect that Capital One Financial will post 13.31 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 1.79%. Capital One Financial’s payout ratio is 18.79%.

Insider Activity

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Silicon Valley Capital Partners purchased a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. LRI Investments LLC purchased a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. Householder Group Estate & Retirement Specialist LLC increased its position in shares of Capital One Financial by 1,658.3% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 199 shares during the last quarter. Bartlett & Co. LLC increased its position in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its position in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

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.