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

Capital One Financial Co. (NYSE:COF) has been assigned a consensus rating of “Hold” from the twenty brokerages that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $114.78.

COF has been the subject of a number of research reports. Barclays decreased their price objective on shares of Capital One Financial from $119.00 to $114.00 and set an “equal weight” rating for the company in a report on Wednesday, April 12th. Credit Suisse Group cut their target price on Capital One Financial from $112.00 to $108.00 in a research note on Friday, April 28th. Morgan Stanley cut their target price on Capital One Financial from $96.00 to $85.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 5th. TheStreet upgraded shares of Capital One Financial from a “c+” rating to a “b-” rating in a research note on Friday, January 27th. Finally, Odeon Capital Group cut shares of Capital One Financial from a “hold” rating to a “sell” rating and set a $94.20 price objective on the stock. in a research note on Thursday, March 2nd.

Capital One Financial Price Performance

Capital One Financial stock opened at $99.92 on Friday. Capital One Financial has a 12-month low of $83.93 and a 12-month high of $128.95. The stock has a market capitalization of $38.15 billion, a P/E ratio of 6.89, a P/E/G ratio of 1.36 and a beta of 1.47. The firm’s 50-day moving average is $93.93 and its two-hundred day moving average is $99.98. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.80 by ($1.49). Capital One Financial had a net margin of 14.33% and a return on equity of 10.90%. The firm had revenue of $8.90 billion for the quarter, compared to analysts’ expectations of $9.07 billion. During the same quarter in the prior year, the business earned $5.62 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Equities analysts predict that Capital One Financial will post 12.3 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 26th. Investors of record on Monday, May 15th will be issued a $0.60 dividend. The ex-dividend date is Friday, May 12th. This represents a $2.40 annualized dividend and a yield of 2.40%. Capital One Financial’s dividend payout ratio (DPR) is currently 16.55%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Cetera Investment Advisers increased its position in shares of Capital One Financial by 25.3% during the first quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock valued at $1,042,000 after purchasing an additional 1,601 shares during the period. Moors & Cabot Inc. lifted its stake in Capital One Financial by 9.2% in the first quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock valued at $522,000 after buying an additional 335 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Capital One Financial by 11.4% during the first quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after purchasing an additional 303 shares during the period. Candriam Luxembourg S.C.A. grew its holdings in shares of Capital One Financial by 4.1% during the first quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after buying an additional 1,698 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in Capital One Financial by 4.2% in the first quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock valued at $3,315,000 after purchasing an additional 1,008 shares in the last quarter. 88.30% of the stock is currently owned by institutional investors and hedge funds.

About Capital One Financial

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Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment includes domestic consumer and small business card lending, and international card lending businesses.