Barclays PLC restated their overweight rating on shares of Capital One Financial Corporation (NYSE:COF) in a report released on Saturday, July 22nd. They currently have a $105.00 price target on the financial services provider’s stock.

Other equities research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods reiterated a buy rating and set a $106.00 price target on shares of Capital One Financial Corporation in a research report on Wednesday, April 5th. Royal Bank Of Canada reaffirmed a buy rating on shares of Capital One Financial Corporation in a research note on Tuesday, April 4th. Nomura raised shares of Capital One Financial Corporation from a neutral rating to a buy rating and boosted their price objective for the company from $97.00 to $105.00 in a research note on Wednesday, March 29th. Instinet raised shares of Capital One Financial Corporation from a neutral rating to a buy rating and boosted their price objective for the company from $97.00 to $105.00 in a research note on Wednesday, March 29th. Finally, Deutsche Bank AG raised shares of Capital One Financial Corporation from a hold rating to a buy rating and set a $98.00 price objective for the company in a research note on Monday, May 1st. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $92.76.

Capital One Financial Corporation (COF) traded down 0.56% during midday trading on Friday, reaching $81.53. The company’s stock had a trading volume of 2,415,346 shares. The company’s 50-day moving average is $83.77 and its 200 day moving average is $84.40. Capital One Financial Corporation has a 52 week low of $68.08 and a 52 week high of $96.92. The firm has a market capitalization of $39.46 billion, a P/E ratio of 11.89 and a beta of 1.20.

Capital One Financial Corporation (NYSE:COF) last posted its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.06. Capital One Financial Corporation had a net margin of 13.32% and a return on equity of 7.92%. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same period last year, the firm earned $1.76 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts expect that Capital One Financial Corporation will post $7.54 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, August 7th were issued a $0.40 dividend. The ex-dividend date was Thursday, August 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 1.96%. Capital One Financial Corporation’s dividend payout ratio is currently 23.43%.

Capital One Financial Corporation announced that its Board of Directors has initiated a share repurchase plan on Wednesday, June 28th that authorizes the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to reacquire up to 4.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

In other news, CEO Richard D. Fairbank sold 367,419 shares of the company’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total value of $31,972,801.38. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.73% of the company’s stock.

Several large investors have recently modified their holdings of COF. BB&T Investment Services Inc. bought a new stake in shares of Capital One Financial Corporation during the second quarter worth about $108,000. Seven Eight Capital LP raised its stake in shares of Capital One Financial Corporation by 16.7% in the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after buying an additional 200 shares during the period. Quadrant Capital Group LLC raised its stake in shares of Capital One Financial Corporation by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,472 shares of the financial services provider’s stock worth $121,000 after buying an additional 36 shares during the period. Bronfman E.L. Rothschild L.P. raised its stake in shares of Capital One Financial Corporation by 47.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock worth $137,000 after buying an additional 529 shares during the period. Finally, Westside Investment Management Inc. raised its stake in shares of Capital One Financial Corporation by 48.0% in the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after buying an additional 566 shares during the period. Institutional investors and hedge funds own 87.56% of the company’s stock.

Capital One Financial Corporation Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

Analyst Recommendations for Capital One Financial Corporation (NYSE:COF)

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