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

Shares of Capital One Financial Corporation (NYSE:COF) have been assigned a consensus rating of “Moderate Buy” from the twenty brokerages that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $238.8125.

Several research firms have issued reports on COF. Barclays reaffirmed an “overweight” rating and set a $253.00 price objective (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Royal Bank Of Canada increased their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $245.00 to $248.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd.

Capital One Financial Trading Down 0.0%

Shares of Capital One Financial stock opened at $214.6110 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. Capital One Financial has a 12-month low of $131.55 and a 12-month high of $232.45. The firm has a market capitalization of $137.25 billion, a price-to-earnings ratio of 110.06, a PEG ratio of 0.83 and a beta of 1.16. The firm’s 50 day simple moving average is $212.06 and its two-hundred day simple moving average is $193.95.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. During the same period last year, the company earned $3.14 earnings per share. The firm’s revenue was up 31.4% on a year-over-year basis. Analysts predict that Capital One Financial will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 15th. Capital One Financial’s dividend payout ratio (DPR) is presently 123.08%.

Insider Buying and Selling

In other Capital One Financial news, insider Robert M. Alexander sold 10,114 shares of Capital One Financial stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the completion of the sale, the insider directly owned 68,707 shares in the company, valued at $15,655,577.02. This trade represents a 12.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Timothy P. Golden sold 207 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the transaction, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This trade represents a 2.30% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,298 shares of company stock worth $4,233,044. Insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in Capital One Financial during the 1st quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC grew its holdings in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC lifted its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares during the last quarter. Saudi Central Bank purchased a new stake in shares of Capital One Financial during the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth approximately $27,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

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.