Capital One Financial Co. (NYSE:COF) Given Consensus Rating of “Hold” by Brokerages

Capital One Financial Co. (NYSE:COF) has been assigned an average recommendation of “Hold” from the twenty research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $145.89.

Several equities analysts have commented on the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. BTIG Research began coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. raised their target price on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Finally, Evercore ISI reduced their target price on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th.

Capital One Financial Price Performance

COF stock opened at $139.56 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial has a one year low of $88.23 and a one year high of $153.35. The firm has a market capitalization of $53.06 billion, a PE ratio of 10.93, a P/E/G ratio of 1.13 and a beta of 1.45. The firm has a 50-day moving average of $139.66 and a two-hundred day moving average of $139.65.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. Capital One Financial’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $3.52 earnings per share. On average, analysts forecast that Capital One Financial will post 13.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 12th will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a yield of 1.72%. Capital One Financial’s payout ratio is 18.79%.

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

Several institutional investors have recently modified their holdings of the stock. Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of Capital One Financial during the 4th quarter valued at about $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after purchasing an additional 4,840 shares in the last quarter. Twin Tree Management LP lifted its holdings in shares of Capital One Financial by 5.6% during the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after purchasing an additional 3,609 shares in the last quarter. Montag A & Associates Inc. lifted its holdings in shares of Capital One Financial by 42,536.0% during the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock valued at $2,795,000 after purchasing an additional 21,268 shares in the last quarter. Finally, First Trust Direct Indexing L.P. lifted its holdings in shares of Capital One Financial by 14.3% during the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

About Capital One Financial

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.