Brokerages Set Capital One Financial Corporation (NYSE:COF) PT at $274.70

Shares of Capital One Financial Corporation (NYSE:COF) have been assigned an average recommendation of “Moderate Buy” from the twenty-two brokerages that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $274.70.

Several research analysts recently weighed in on the stock. The Goldman Sachs Group restated a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a report on Tuesday, January 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Monday, December 29th. Wolfe Research dropped their target price on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. Evercore reduced their target price on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday, January 27th. Finally, HSBC decreased their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research report on Tuesday, January 20th.

Insider Activity at Capital One Financial

In related news, insider Jason P. Hanson sold 3,729 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares in the company, valued at approximately $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $250.00, for a total transaction of $500,000.00. Following the completion of the sale, the general counsel directly owned 92,486 shares in the company, valued at approximately $23,121,500. This represents a 2.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 67,933 shares of company stock worth $14,363,897. 1.26% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. World Investment Advisors lifted its stake in Capital One Financial by 26.8% in the fourth quarter. World Investment Advisors now owns 18,825 shares of the financial services provider’s stock valued at $4,562,000 after purchasing an additional 3,975 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in Capital One Financial during the fourth quarter valued at $238,000. Meadowbrook Advisors Group LLC bought a new position in Capital One Financial during the fourth quarter valued at $240,000. Green Ridge Wealth Planning LLC purchased a new stake in Capital One Financial in the fourth quarter worth $430,000. Finally, Corient Private Wealth LLC increased its position in Capital One Financial by 1.6% in the fourth quarter. Corient Private Wealth LLC now owns 499,783 shares of the financial services provider’s stock worth $121,162,000 after buying an additional 8,005 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Trading Up 1.3%

NYSE COF opened at $179.76 on Monday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $215.61 and a 200 day simple moving average of $220.83. Capital One Financial has a 12 month low of $143.22 and a 12 month high of $259.64. The firm has a market capitalization of $111.80 billion, a P/E ratio of 60.73, a PEG ratio of 0.54 and a beta of 1.14.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The firm 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 firm earned $2.67 earnings per share. Capital One Financial’s revenue was up 53.3% compared to the same quarter last year. On average, analysts predict that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.8%. Capital One Financial’s dividend payout ratio (DPR) is currently 108.11%.

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.