Capital One Financial Corporation (NYSE:COF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Capital One Financial Corporation (NYSE:COF) has been assigned an average recommendation of “Moderate Buy” from the twenty-four brokerages that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and twenty have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $259.3636.

A number of equities research analysts recently issued reports on COF shares. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday. Truist Financial reduced their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings upgraded Capital One Financial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. increased their price objective on Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, July 13th.

Capital One Financial Price Performance

NYSE COF opened at $221.62 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $135.96 billion, a PE ratio of 13.71, a price-to-earnings-growth ratio of 0.82 and a beta of 1.02. Capital One Financial has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a 50 day moving average price of $199.68 and a two-hundred day moving average price of $198.49.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The company had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.48 EPS. As a group, equities analysts predict that Capital One Financial will post 20.19 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. Capital One Financial’s dividend payout ratio is presently 19.80%.

Insider Buying and Selling at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel directly owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This represents a 3.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ravi Raghu sold 9,726 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the transaction, the insider owned 26,328 shares in the company, valued at $5,523,087.84. The trade was a 26.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 20,213 shares of company stock worth $4,147,832 over the last 90 days. Insiders own 0.78% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wealth Enhancement Trust Services Inc. acquired a new position in Capital One Financial during the fourth quarter worth $1,303,000. HighTower Advisors LLC boosted its stake in shares of Capital One Financial by 18.1% in the 4th quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock valued at $85,739,000 after purchasing an additional 54,263 shares in the last quarter. Swiss Life Asset Management Ltd boosted its stake in shares of Capital One Financial by 11.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider’s stock valued at $28,076,000 after purchasing an additional 11,651 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Capital One Financial by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock worth $13,789,615,000 after purchasing an additional 360,071 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Capital One Financial by 2.9% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider’s stock worth $54,283,000 after purchasing an additional 6,225 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.