Capital One Financial Co. (NYSE:COF) Receives Average Rating of “Hold” from Analysts

Shares of Capital One Financial Co. (NYSE:COF) have been given an average rating of “Hold” by the nineteen brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $137.05.

Several equities research analysts have recently commented on COF shares. Evercore ISI boosted their target price on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, March 28th. UBS Group boosted their target price on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. Citigroup boosted their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a research report on Wednesday, March 27th. Finally, The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, December 18th.

Capital One Financial Trading Down 0.5 %

COF opened at $139.62 on Monday. Capital One Financial has a 1-year low of $83.93 and a 1-year high of $149.27. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The company has a market cap of $53.11 billion, a P/E ratio of 11.68, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48. The company has a fifty day moving average price of $138.89 and a two-hundred day moving average price of $122.94.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The company had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.45 billion. Analysts predict that Capital One Financial will post 13.84 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is currently 20.08%.

Institutional Trading of Capital One Financial

A number of institutional investors have recently modified their holdings of COF. Norges Bank purchased a new stake in shares of Capital One Financial during the 4th quarter valued at approximately $318,480,000. Berkshire Hathaway Inc increased its holdings in Capital One Financial by 25.7% during the 2nd quarter. Berkshire Hathaway Inc now owns 12,471,030 shares of the financial services provider’s stock worth $1,363,957,000 after acquiring an additional 2,549,030 shares during the period. Capital Research Global Investors increased its holdings in Capital One Financial by 16.7% during the 4th quarter. Capital Research Global Investors now owns 12,227,848 shares of the financial services provider’s stock worth $1,603,316,000 after acquiring an additional 1,745,545 shares during the period. First Trust Advisors LP increased its holdings in Capital One Financial by 603.3% during the 1st quarter. First Trust Advisors LP now owns 1,731,554 shares of the financial services provider’s stock worth $227,336,000 after acquiring an additional 1,485,339 shares during the period. Finally, Ruane Cunniff & Goldfarb L.P. increased its holdings in Capital One Financial by 26.4% during the 2nd quarter. Ruane Cunniff & Goldfarb L.P. now owns 3,403,537 shares of the financial services provider’s stock worth $372,245,000 after acquiring an additional 710,159 shares during the period. 89.84% of the stock is currently 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.