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

Capital One Financial Corporation (NYSE:COF) has been given an average recommendation of “Moderate Buy” by the twenty-two ratings firms that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and seventeen have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $258.75.

Several analysts have recently weighed in on the company. UBS Group cut their price objective on Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. Jefferies Financial Group restated a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. Barclays upped their price objective on Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group cut their price objective on Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Finally, Royal Bank Of Canada cut their price objective on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a report on Friday, April 10th.

Capital One Financial Trading Up 0.6%

Shares of COF stock opened at $188.06 on Friday. The stock has a fifty day moving average of $189.11 and a two-hundred day moving average of $209.36. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market capitalization of $117.03 billion, a PE ratio of 65.98, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. Capital One Financial has a 1 year low of $174.98 and a 1 year high of $259.64.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same period in the previous year, the business posted $4.06 earnings per share. As a group, research analysts expect that Capital One Financial will post 19.14 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be issued a $0.80 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio is 112.28%.

Insider Activity

In other news, insider Lia Dean sold 1,692 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the sale, the insider owned 65,454 shares in the company, valued at $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,040 shares of company stock worth $1,498,615 over the last 90 days. 0.78% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds have recently modified their holdings of the stock. Tompkins Financial Corp raised its stake in shares of Capital One Financial by 4.3% during the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. raised its stake in shares of Capital One Financial by 2.8% during the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 43 shares during the last quarter. First Command Advisory Services Inc. raised its stake in shares of Capital One Financial by 4.5% during the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 46 shares during the last quarter. Stephens Consulting LLC raised its stake in shares of Capital One Financial by 10.3% during the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 47 shares during the last quarter. Finally, Dogwood Wealth Management LLC raised its stake in shares of Capital One Financial by 26.0% during the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 47 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Company Profile

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.