Brokerages Set Capital One Financial Co. (NYSE:COF) Price Target at $151.56

Capital One Financial Co. (NYSE:COF) has been given an average rating of “Hold” by the nineteen ratings firms that are covering the stock, Marketbeat.com reports. Twelve research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $152.39.

COF has been the topic of several recent analyst reports. Barclays upped their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Evercore ISI dropped their price objective on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research note on Monday, October 7th. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Royal Bank of Canada lifted their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday.

Insider Transactions at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Hedge funds and other institutional investors have recently made changes to their positions in the company. Atlas Capital Advisors LLC increased its position in Capital One Financial by 134.2% during the first quarter. Atlas Capital Advisors LLC now owns 459 shares of the financial services provider’s stock worth $68,000 after buying an additional 263 shares during the period. Sunbelt Securities Inc. raised its position in Capital One Financial by 24,525.0% in the 1st quarter. Sunbelt Securities Inc. now owns 985 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 981 shares during the last quarter. Transform Wealth LLC boosted its stake in Capital One Financial by 2.6% during the 1st quarter. Transform Wealth LLC now owns 12,440 shares of the financial services provider’s stock worth $1,852,000 after purchasing an additional 310 shares during the period. Hennessy Advisors Inc. grew its position in Capital One Financial by 16.7% during the 1st quarter. Hennessy Advisors Inc. now owns 7,000 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its stake in Capital One Financial by 9.6% in the first quarter. Kathmere Capital Management LLC now owns 2,957 shares of the financial services provider’s stock valued at $440,000 after purchasing an additional 258 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $161.27 on Friday. Capital One Financial has a 52 week low of $89.08 and a 52 week high of $167.93. The stock’s fifty day moving average is $147.82 and its two-hundred day moving average is $142.89. The company has a market capitalization of $61.31 billion, a P/E ratio of 12.63, a P/E/G ratio of 1.22 and a beta of 1.44. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. Capital One Financial’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $4.45 EPS. Equities analysts expect that Capital One Financial will post 12.87 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.49%. Capital One Financial’s payout ratio is 18.79%.

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.