Capital One Financial Corporation (NYSE:COF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Capital One Financial Corporation (NYSE:COF) have received a consensus recommendation of “Moderate Buy” from the twenty-two analysts that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $274.70.

COF has been the subject of a number of research analyst reports. Truist Financial reduced their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. Jefferies Financial Group upped their price target on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Deutsche Bank Aktiengesellschaft dropped their target price on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. Finally, Evercore lowered their price target on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday, January 27th.

Insider Buying and Selling

In related news, insider Lia Dean sold 3,284 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total value of $734,565.12. Following the transaction, the insider directly owned 70,162 shares in the company, valued at approximately $15,693,836.16. This trade represents a 4.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the transaction, the general counsel directly owned 92,486 shares of the company’s stock, valued at approximately $23,121,500. This represents a 2.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 34,274 shares of company stock valued at $8,131,054 in the last quarter. Company insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

Several large investors have recently made changes to their positions in COF. Vanguard Group Inc. grew its stake in shares of Capital One Financial by 74.8% in the second quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after acquiring an additional 24,129,990 shares during the last quarter. State Street Corp grew its position in Capital One Financial by 63.4% in the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after purchasing an additional 10,776,843 shares during the last quarter. Norges Bank acquired a new stake in Capital One Financial in the 4th quarter worth $2,089,803,000. Geode Capital Management LLC raised its position in shares of Capital One Financial by 64.1% during the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after buying an additional 5,474,328 shares during the last quarter. Finally, Boston Partners acquired a new position in shares of Capital One Financial during the second quarter valued at about $534,777,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF opened at $214.64 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The firm’s 50 day moving average is $235.26 and its 200-day moving average is $223.64. Capital One Financial has a 12-month low of $143.22 and a 12-month high of $259.64. The stock has a market capitalization of $136.45 billion, a P/E ratio of 72.51, a P/E/G ratio of 0.65 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The company had revenue of $15.62 billion for the quarter, compared to analysts’ expectations of $15.49 billion. During the same period in the prior year, the company earned $2.67 earnings per share. The company’s revenue for the quarter was up 53.3% on a year-over-year basis. Equities research analysts anticipate that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be given a $0.80 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 108.11%.

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.