Capital One Financial Corp. (NYSE:COF) was downgraded by equities researchers at Robert W. Baird from an “outperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. They presently have a $82.00 price objective on the financial services provider’s stock, up from their prior price objective of $78.00. Robert W. Baird’s price objective would indicate a potential downside of 0.18% from the company’s previous close.

A number of other research analysts also recently issued reports on COF. Rafferty Capital Markets downgraded shares of Capital One Financial Corp. from a “buy” rating to a “hold” rating in a research report on Monday, July 25th. Jefferies Group reissued a “hold” rating and set a $69.00 price objective on shares of Capital One Financial Corp. in a research report on Monday, July 25th. Credit Suisse Group AG reissued a “hold” rating on shares of Capital One Financial Corp. in a research report on Monday, August 15th. DA Davidson reissued a “buy” rating on shares of Capital One Financial Corp. in a research report on Tuesday, August 16th. Finally, Morgan Stanley reissued a “buy” rating and set a $83.00 price objective on shares of Capital One Financial Corp. in a research report on Wednesday, August 17th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $79.31.

Analyst Recommendations for Capital One Financial Corp. (NYSE:COF)

Capital One Financial Corp. (NYSE:COF) opened at 82.15 on Wednesday. The company’s 50 day moving average is $73.46 and its 200-day moving average is $69.95. Capital One Financial Corp. has a 52-week low of $58.03 and a 52-week high of $82.69. The company has a market capitalization of $41.17 billion, a price-to-earnings ratio of 11.74 and a beta of 1.21.

Capital One Financial Corp. (NYSE:COF) last issued its quarterly earnings data on Tuesday, October 25th. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.94 by $0.09. The business had revenue of $6.46 billion for the quarter, compared to the consensus estimate of $432.47 million. Capital One Financial Corp. had a net margin of 14.37% and a return on equity of 8.44%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.10 EPS. Equities analysts anticipate that Capital One Financial Corp. will post $7.06 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 25th. Investors of record on Monday, November 14th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Wednesday, November 9th. Capital One Financial Corp.’s dividend payout ratio (DPR) is presently 22.82%.

In related news, CEO Richard D. Fairbank sold 873,024 shares of the firm’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $77.63, for a total value of $67,772,853.12. Following the completion of the transaction, the chief executive officer now directly owns 2,809,767 shares of the company’s stock, valued at $218,122,212.21. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Richard D. Fairbank sold 4,300 shares of the firm’s stock in a transaction on Monday, October 31st. The shares were sold at an average price of $75.12, for a total transaction of $323,016.00. Following the completion of the transaction, the chief executive officer now directly owns 2,597,316 shares of the company’s stock, valued at $195,110,377.92. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of COF. HBK Investments L P acquired a new position in Capital One Financial Corp. during the first quarter worth $1,107,000. Jacobs Levy Equity Management Inc. raised its position in Capital One Financial Corp. by 68.5% in the first quarter. Jacobs Levy Equity Management Inc. now owns 34,680 shares of the financial services provider’s stock worth $2,404,000 after buying an additional 14,100 shares during the period. Schonfeld Strategic Advisors LLC acquired a new position in Capital One Financial Corp. during the first quarter worth $245,000. Moore Capital Management LP acquired a new position in Capital One Financial Corp. during the first quarter worth $8,664,000. Finally, Kelly Lawrence W & Associates Inc. CA raised its position in Capital One Financial Corp. by 0.3% in the first quarter. Kelly Lawrence W & Associates Inc. CA now owns 150,320 shares of the financial services provider’s stock worth $10,419,000 after buying an additional 450 shares during the period. 92.71% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Corp. Company Profile

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