Brokerages Set Capital One Financial Corporation (NYSE:COF) Target Price at $258.75

Shares of Capital One Financial Corporation (NYSE:COF) have earned a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are presently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $258.75.

A number of research analysts have weighed in on the stock. Rothschild & Co Redburn cut their price target on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Morgan Stanley dropped 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 report on Thursday, April 16th. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada dropped their price target on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research note on Friday, April 10th. Finally, Truist Financial reduced their price objective on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd.

Insider Activity

In related news, insider Celia Karam sold 1,749 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the transaction, the general counsel directly owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This trade represents a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,040 shares of company stock worth $1,498,615 over the last ninety days. Insiders own 0.78% of the company’s stock.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently modified their holdings of COF. Ballast Advisors LLC bought a new stake in Capital One Financial during the first quarter worth about $27,000. Western Wealth Management LLC increased its position in shares of Capital One Financial by 4.6% during the 1st quarter. Western Wealth Management LLC now owns 7,345 shares of the financial services provider’s stock worth $1,340,000 after purchasing an additional 324 shares during the last quarter. PVG Asset Management Corp raised its stake in shares of Capital One Financial by 46.2% during the 1st quarter. PVG Asset Management Corp now owns 1,408 shares of the financial services provider’s stock worth $274,000 after purchasing an additional 445 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Capital One Financial by 10.5% during the 1st quarter. Parallel Advisors LLC now owns 17,746 shares of the financial services provider’s stock worth $3,238,000 after purchasing an additional 1,686 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of Capital One Financial in the 1st quarter valued at approximately $3,674,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.4%

NYSE:COF opened at $197.80 on Wednesday. Capital One Financial has a 1 year low of $174.24 and a 1 year high of $259.64. The stock has a 50-day moving average price of $190.91 and a two-hundred day moving average price of $206.35. The stock has a market cap of $123.09 billion, a price-to-earnings ratio of 69.40, a PEG ratio of 0.72 and a beta of 1.03. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter last year, the firm earned $4.06 EPS. The company’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, equities analysts expect that Capital One Financial will post 19.51 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial’s dividend payout ratio is 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.