Capital One Financial (NYSE:COF) Given New $205.00 Price Target at The Goldman Sachs Group

Capital One Financial (NYSE:COF) had its price target hoisted by The Goldman Sachs Group from $182.00 to $205.00 in a research report released on Tuesday,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the financial services provider’s stock.

COF has been the topic of several other reports. Bank of America lifted their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective on the stock. Finally, Evercore ISI boosted their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $160.18.

Capital One Financial Trading Down 1.0 %

NYSE COF opened at $181.00 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial has a twelve month low of $105.39 and a twelve month high of $198.30. The company has a market cap of $69.05 billion, a price-to-earnings ratio of 17.09, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. The business’s fifty day moving average is $159.40 and its 200 day moving average is $146.95.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $4.45 EPS. As a group, sell-side analysts expect that Capital One Financial will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Kara West sold 721 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,007 shares of company stock valued at $4,982,647. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

Several institutional investors have recently modified their holdings of COF. Osaic Holdings Inc. grew its holdings in shares of Capital One Financial by 8.3% in the first quarter. Osaic Holdings Inc. now owns 68,119 shares of the financial services provider’s stock valued at $10,145,000 after acquiring an additional 5,198 shares in the last quarter. Bessemer Group Inc. lifted its stake in Capital One Financial by 52.5% in the first quarter. Bessemer Group Inc. now owns 30,455 shares of the financial services provider’s stock valued at $4,534,000 after purchasing an additional 10,480 shares during the last quarter. Lake Street Advisors Group LLC lifted its stake in Capital One Financial by 52.7% in the first quarter. Lake Street Advisors Group LLC now owns 3,964 shares of the financial services provider’s stock valued at $590,000 after purchasing an additional 1,368 shares during the last quarter. Pitcairn Co. lifted its stake in Capital One Financial by 4.0% in the first quarter. Pitcairn Co. now owns 8,774 shares of the financial services provider’s stock valued at $1,306,000 after purchasing an additional 340 shares during the last quarter. Finally, MQS Management LLC lifted its stake in Capital One Financial by 50.8% in the first quarter. MQS Management LLC now owns 3,175 shares of the financial services provider’s stock valued at $473,000 after purchasing an additional 1,069 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.