Capital One Financial (NYSE:COF) Price Target Raised to $308.00

Capital One Financial (NYSE:COF) had its price target upped by BTIG Research from $264.00 to $308.00 in a research report report published on Friday, Marketbeat reports. BTIG Research currently has a buy rating on the financial services provider’s stock.

Other equities analysts have also recently issued research reports about the stock. Wolfe Research began coverage on shares of Capital One Financial in a research report on Monday, December 8th. They set an “outperform” rating and a $270.00 price target on the stock. JPMorgan Chase & Co. upped their price target on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Evercore ISI raised their price objective on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Morgan Stanley restated an “overweight” rating and set a $280.00 target price on shares of Capital One Financial in a report on Tuesday, December 16th. Finally, The Goldman Sachs Group increased their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $267.45.

Capital One Financial Trading Up 0.5%

COF opened at $249.58 on Friday. Capital One Financial has a one year low of $143.22 and a one year high of $249.73. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The business has a 50 day simple moving average of $224.67 and a two-hundred day simple moving average of $218.75. The firm has a market capitalization of $158.67 billion, a price-to-earnings ratio of 105.31, a PEG ratio of 0.57 and a beta of 1.16.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. The company had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. Analysts predict that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, November 17th. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is presently 135.02%.

Insider Buying and Selling at Capital One Financial

In other news, insider Lia Dean sold 3,269 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $218.15, for a total transaction of $713,132.35. Following the sale, the insider owned 69,855 shares in the company, valued at $15,238,868.25. This represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 17,840 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the sale, the insider directly owned 48,315 shares of the company’s stock, valued at $10,727,379.45. This trade represents a 26.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 280,218 shares of company stock worth $62,395,804 in the last 90 days. Insiders own 1.26% of the company’s stock.

Institutional Trading of Capital One Financial

A number of large investors have recently made changes to their positions in the stock. WPG Advisers LLC purchased a new stake in Capital One Financial during the 1st quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC increased its position in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its holdings in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank purchased a new position in Capital One Financial in the first quarter worth about $27,000. Finally, RMG Wealth Management LLC purchased a new position in Capital One Financial in the second quarter worth about $27,000. 89.84% of the stock is currently owned by 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.