2 weeks Ago By ABMN Staff
Shares of Capital One Financial Co. ( NYSE:COF ) have earned an average rating of “Hold” from the twenty analysts that are currently covering the company, Marketbeat.com reports.
One equities research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $147.21.
A number of analysts recently weighed in on COF shares. Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.
00 target price for the company. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.
00 in a research report on Thursday, June 6th. BTIG Research started coverage on Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating for the company.
JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $148.00 to $155.
00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Finally, Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.
00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Check Out Our Latest Stock Report on Capital One Financial Capital One Financial Stock Up 0.9 % Capital One Financial ( NYSE:COF – Get Free Report ) last issued its quarterly earnings results on Tuesday, July 23rd.
The financial services provider reported $3.14 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.
14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.
01%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.
57 billion. During the same quarter last year, the firm posted $3.52 earnings per share.
Capital One Financial’s revenue was up 5.5% compared to the same quarter last year. Equities analysts expect that Capital One Financial will post 12.
91 earnings per share for the current fiscal year. Capital One Financial Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a dividend of $0.
60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.
40 annualized dividend and a dividend yield of 1.61%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.
79%. Insider Activity at Capital One Financial In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th.
The shares were sold at an average price of $132.86, for a total value of $8,175,141.52.
Following the completion of the sale, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .
In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.
86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares of the company’s stock, valued at approximately $5,438,491.
24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, insider Robert M.
Alexander sold 30,742 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.
00. Following the sale, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The disclosure for this sale can be found here .
1.30% of the stock is owned by company insiders. Institutional Inflows and Outflows Several institutional investors have recently added to or reduced their stakes in the business.
Vanguard Group Inc. increased its position in Capital One Financial by 0.7% during the first quarter.
Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock worth $4,599,720,000 after acquiring an additional 226,720 shares during the period. Capital Research Global Investors raised its position in shares of Capital One Financial by 72.
8% during the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider’s stock valued at $3,145,761,000 after buying an additional 8,900,241 shares during the last quarter. Capital World Investors lifted its stake in shares of Capital One Financial by 2.
1% in the fourth quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock valued at $1,965,761,000 after buying an additional 311,696 shares during the period. Clearbridge Investments LLC grew its position in Capital One Financial by 5.
5% during the second quarter. Clearbridge Investments LLC now owns 3,663,439 shares of the financial services provider’s stock worth $507,203,000 after buying an additional 189,843 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in Capital One Financial by 2.
5% during the second quarter. Legal & General Group Plc now owns 3,331,196 shares of the financial services provider’s stock valued at $461,204,000 after acquiring an additional 79,908 shares during the period. 89.
84% of the stock is owned by institutional investors. About Capital One Financial ( Get Free Report 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.
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