Capital One Financial Corporation (NYSE:COF) Stock Has Average Price Target of $255.04

Shares of Capital One Financial Corporation (NYSE:COF) have been assigned a consensus rating of “Moderate Buy” from the twenty-five analysts that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and twenty have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $255.04.

COF has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Barclays dropped their target price on shares of Capital One Financial from $240.00 to $237.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Evercore set a $220.00 target price on shares of Capital One Financial in a research note on Thursday, October 1st. UBS Group lifted their price target on Capital One Financial from $275.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and lifted their price target for the stock from $226.00 to $229.00 in a report on Sunday, July 12th.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 5,473 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $218.02, for a total value of $1,193,223.46. Following the completion of the sale, the insider directly owned 27,992 shares of the company’s stock, valued at $6,102,815.84. This trade represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Celia Karam sold 1,927 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $195.86, for a total value of $377,422.22. Following the transaction, the insider owned 55,774 shares of the company’s stock, valued at $10,923,895.64. This represents a 3.34% decrease in their ownership of the stock. 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 90 days, insiders sold 37,664 shares of company stock valued at $7,914,162. Insiders own 0.78% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds have recently added to or reduced their stakes in COF. CWA Asset Management Group LLC raised its position in shares of Capital One Financial by 5.7% in the third quarter. CWA Asset Management Group LLC now owns 3,858 shares of the financial services provider’s stock valued at $745,000 after purchasing an additional 208 shares during the period. Investment Research Partners LLC lifted its stake in shares of Capital One Financial by 32.7% during the 3rd quarter. Investment Research Partners LLC now owns 2,923 shares of the financial services provider’s stock worth $564,000 after buying an additional 720 shares during the last quarter. AA Financial Advisors LLC boosted its holdings in shares of Capital One Financial by 17.8% during the 3rd quarter. AA Financial Advisors LLC now owns 2,192 shares of the financial services provider’s stock worth $423,000 after buying an additional 331 shares during the period. Abel Hall LLC boosted its holdings in shares of Capital One Financial by 16.2% during the 3rd quarter. Abel Hall LLC now owns 2,256 shares of the financial services provider’s stock worth $436,000 after buying an additional 314 shares during the period. Finally, Kaufman Rossin Wealth LLC bought a new stake in shares of Capital One Financial during the 3rd quarter worth about $405,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $199.86 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The company’s fifty day simple moving average is $207.70 and its 200 day simple moving average is $200.51. Capital One Financial has a 1-year low of $174.24 and a 1-year high of $259.64. The company has a market cap of $122.61 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 0.97 and a beta of 1.04.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter last year, the company posted $5.48 earnings per share. The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a $0.80 dividend. The ex-dividend date was Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.6%. Capital One Financial’s dividend payout ratio is currently 19.80%.

Capital One Financial Company Profile

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.