Robert W. Baird Increases Capital One Financial (NYSE:COF) Price Target to $245.00

Capital One Financial (NYSE:COF) had its price objective hoisted by Robert W. Baird from $240.00 to $245.00 in a report published on Thursday morning,MarketScreener reports. They currently have an outperform rating on the financial services provider’s stock.

Several other research firms have also commented on COF. Evercore ISI boosted their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $245.00 to $248.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.67.

Capital One Financial Trading Up 0.1%

NYSE:COF opened at $213.79 on Thursday. Capital One Financial has a one year low of $143.22 and a one year high of $232.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $136.72 billion, a P/E ratio of 109.64, a P/E/G ratio of 0.81 and a beta of 1.18. The firm has a 50-day simple moving average of $219.26 and a 200-day simple moving average of $200.65.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results 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 the consensus estimate of $12.72 billion. During the same quarter in the prior year, the firm posted $3.14 EPS. The company’s revenue for the quarter was up 31.4% compared to the same quarter last year. Equities 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 was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th were paid a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.1%. Capital One Financial’s dividend payout ratio is presently 123.08%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 10,114 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. The trade was a 12.83% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 21,298 shares of company stock worth $4,679,844. 1.26% of the stock is owned by company insiders.

Institutional Trading of Capital One Financial

Large investors have recently made changes to their positions in the business. Eagle Bay Advisors LLC lifted its position in Capital One Financial by 3.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. lifted its position in Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after acquiring an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its position in Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares in the last quarter. Culbertson A N & Co. Inc. lifted its position in Capital One Financial by 0.4% in the 2nd quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock valued at $2,418,000 after acquiring an additional 50 shares in the last quarter. Finally, TFB Advisors LLC lifted its position in Capital One Financial by 3.4% in the 1st quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after acquiring an additional 51 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

About Capital One Financial

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.