Capital One Financial’s (COF) Outperform Rating Reaffirmed at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reissued their outperform rating on shares of Capital One Financial (NYSE:COF) in a research report report published on Wednesday, Benzinga reports. They currently have a $159.00 price target on the financial services provider’s stock.

COF has been the subject of a number of other research reports. The Goldman Sachs Group boosted their price objective on Capital One Financial from $125.00 to $140.00 and gave the company a buy rating in a research note on Monday, December 18th. Wells Fargo & Company upped their price target on Capital One Financial from $115.00 to $125.00 and gave the stock an overweight rating in a research note on Monday, December 4th. Piper Sandler upped their price target on Capital One Financial from $126.00 to $142.00 and gave the stock a neutral rating in a research note on Friday, February 23rd. Robert W. Baird cut Capital One Financial from an outperform rating to a neutral rating and cut their price target for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Finally, UBS Group upped their price target on Capital One Financial from $132.00 to $140.00 and gave the stock a neutral rating in a research note on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of Hold and a consensus target price of $130.90.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $144.57 on Wednesday. Capital One Financial has a one year low of $83.93 and a one year high of $144.57. The company has a market cap of $54.99 billion, a PE ratio of 12.10, a P/E/G ratio of 1.21 and a beta of 1.47. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The business has a 50-day simple moving average of $136.00 and a 200-day simple moving average of $118.94.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The company had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. On average, equities research analysts forecast that Capital One Financial will post 13.82 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is currently 20.08%.

Institutional Trading of Capital One Financial

A number of large investors have recently made changes to their positions in the stock. Cetera Investment Advisers raised its holdings in shares of Capital One Financial by 25.3% in the 1st quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 1,601 shares during the period. Moors & Cabot Inc. raised its holdings in shares of Capital One Financial by 9.2% in the 1st quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock worth $522,000 after purchasing an additional 335 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Capital One Financial by 11.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after purchasing an additional 303 shares during the period. Candriam Luxembourg S.C.A. raised its holdings in shares of Capital One Financial by 4.1% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after purchasing an additional 1,698 shares during the period. Finally, Baird Financial Group Inc. raised its holdings in shares of Capital One Financial by 4.2% in the 1st quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock worth $3,315,000 after purchasing an additional 1,008 shares during the period. Institutional investors and hedge funds 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.