Capital One Financial Corporation (NYSE:COF) has earned a consensus recommendation of “Hold” from the twenty-eight research firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $93.12.

Several analysts recently issued reports on COF shares. Wells Fargo & Company reissued a “market perform” rating and issued a $85.00 price target (down previously from $88.00) on shares of Capital One Financial Corporation in a research report on Sunday, May 21st. BidaskClub raised shares of Capital One Financial Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $106.00 price target on shares of Capital One Financial Corporation in a research report on Friday, June 16th. BMO Capital Markets reissued a “buy” rating and issued a $103.00 price target on shares of Capital One Financial Corporation in a research report on Tuesday, June 20th. Finally, Wedbush downgraded shares of Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $94.00 to $80.00 in a research report on Wednesday, July 5th.

Shares of Capital One Financial Corporation (NYSE:COF) traded up 0.34% during mid-day trading on Tuesday, hitting $79.33. 433,775 shares of the stock were exchanged. The stock has a market capitalization of $38.40 billion, a P/E ratio of 11.57 and a beta of 1.22. Capital One Financial Corporation has a 12-month low of $69.49 and a 12-month high of $96.92. The stock’s 50 day moving average price is $82.82 and its 200-day moving average price is $83.33.

Capital One Financial Corporation (NYSE:COF) last announced its quarterly earnings data on Thursday, July 20th. The financial services provider reported $1.96 EPS for the quarter, topping the 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 quarter last year, the firm posted $1.76 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial Corporation will post $7.53 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, August 7th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend was Thursday, August 3rd. Capital One Financial Corporation’s payout ratio is 23.43%.

Capital One Financial Corporation announced that its board has approved a share buyback program on Wednesday, June 28th that allows the company to buyback $1.85 billion in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 4.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

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In other news, CEO Richard D. Fairbank sold 367,419 shares of Capital One Financial Corporation stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total transaction of $31,972,801.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.73% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital World Investors raised its stake in Capital One Financial Corporation by 2.3% in the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock valued at $3,172,278,000 after acquiring an additional 849,047 shares during the period. Vanguard Group Inc. raised its stake in Capital One Financial Corporation by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 31,789,748 shares of the financial services provider’s stock valued at $2,626,469,000 after acquiring an additional 335,574 shares during the period. BlackRock Inc. raised its stake in Capital One Financial Corporation by 3,066.1% in the 1st quarter. BlackRock Inc. now owns 31,294,690 shares of the financial services provider’s stock valued at $2,711,996,000 after acquiring an additional 30,306,250 shares during the period. State Street Corp raised its stake in Capital One Financial Corporation by 0.7% in the 1st quarter. State Street Corp now owns 21,864,090 shares of the financial services provider’s stock valued at $1,894,742,000 after acquiring an additional 157,141 shares during the period. Finally, Franklin Resources Inc. raised its stake in Capital One Financial Corporation by 2.4% in the 2nd quarter. Franklin Resources Inc. now owns 13,739,126 shares of the financial services provider’s stock valued at $1,135,064,000 after acquiring an additional 322,243 shares during the period. Institutional investors own 88.05% 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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