Capital One Financial (NYSE:COF) Price Target Raised to $200.00

Capital One Financial (NYSE:COF) had its target price upped by Royal Bank of Canada from $190.00 to $200.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has a sector perform rating on the financial services provider’s stock.

Other equities analysts also recently issued research reports about the company. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Truist Financial began coverage on shares of Capital One Financial in a report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective for the company. JPMorgan Chase & Co. raised their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Finally, Robert W. Baird boosted their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Ten analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average target price of $190.47.

Capital One Financial Trading Up 4.1 %

Shares of NYSE:COF opened at $201.21 on Wednesday. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $202.15. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $76.71 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.23 and a beta of 1.46. The firm has a fifty day moving average of $183.98 and a two-hundred day moving average of $161.38.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10,220,675.12 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts expect that Capital One Financial will post 13.53 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.19%. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Capital One Financial

Several institutional investors have recently bought and sold shares of COF. Grove Bank & Trust lifted its holdings in Capital One Financial by 7.0% during the 4th quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 64 shares during the last quarter. Cerro Pacific Wealth Advisors LLC increased its holdings in shares of Capital One Financial by 1.1% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock worth $1,045,000 after buying an additional 64 shares in the last quarter. Prossimo Advisors LLC increased its holdings in shares of Capital One Financial by 2.4% during the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after buying an additional 65 shares in the last quarter. City Holding Co. raised its stake in shares of Capital One Financial by 1.3% in the fourth quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock valued at $893,000 after acquiring an additional 65 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in shares of Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

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.