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

Shares of Capital One Financial Co. (NYSE:COF) have earned an average recommendation of “Hold” from the twenty research firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $119.01.

Several equities analysts have weighed in on COF shares. UBS Group initiated coverage on shares of Capital One Financial in a report on Monday, November 21st. They set a “neutral” rating and a $120.00 price target on the stock. JPMorgan Chase & Co. lowered their target price on shares of Capital One Financial from $124.00 to $120.00 and set an “overweight” rating on the stock in a report on Wednesday, January 25th. Barclays downgraded shares of Capital One Financial from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $160.00 to $119.00 in a report on Tuesday, January 3rd. Wolfe Research boosted their target price on shares of Capital One Financial from $77.00 to $81.00 in a report on Thursday, December 1st. Finally, Jefferies Financial Group downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating and lowered their target price for the stock from $120.00 to $100.00 in a report on Tuesday, January 10th.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $109.78 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.99. Capital One Financial has a 1-year low of $86.98 and a 1-year high of $144.73. The company has a market capitalization of $41.83 billion, a P/E ratio of 6.16, a P/E/G ratio of 1.05 and a beta of 1.49. The firm’s 50 day simple moving average is $106.93 and its two-hundred day simple moving average is $102.76.

Capital One Financial (NYSE:COF – Get Rating) last issued its quarterly earnings results on Tuesday, January 24th. The financial services provider reported $2.82 earnings per share for the quarter, missing the consensus estimate of $3.81 by ($0.99). Capital One Financial had a net margin of 19.18% and a return on equity of 13.52%. The firm had revenue of $9.04 billion for the quarter, compared to analysts’ expectations of $9.07 billion. During the same period in the prior year, the firm earned $5.41 EPS. Capital One Financial’s revenue for the quarter was up 11.4% compared to the same quarter last year. Research analysts expect that Capital One Financial will post 14.45 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 17th. Shareholders of record on Monday, February 6th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend was Friday, February 3rd. Capital One Financial’s dividend payout ratio (DPR) is 13.48%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of COF. Norges Bank bought a new position in shares of Capital One Financial in the fourth quarter worth about $318,480,000. Dodge & Cox grew its holdings in shares of Capital One Financial by 7.6% in the second quarter. Dodge & Cox now owns 35,457,571 shares of the financial services provider’s stock worth $3,694,324,000 after purchasing an additional 2,492,615 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Capital One Financial by 603.3% in the first quarter. First Trust Advisors LP now owns 1,731,554 shares of the financial services provider’s stock worth $227,336,000 after purchasing an additional 1,485,339 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Capital One Financial by 570.3% in the fourth quarter. Franklin Resources Inc. now owns 1,258,585 shares of the financial services provider’s stock worth $116,998,000 after purchasing an additional 1,070,819 shares during the last quarter. Finally, Putnam Investments LLC grew its holdings in shares of Capital One Financial by 60.1% in the fourth quarter. Putnam Investments LLC now owns 2,608,473 shares of the financial services provider’s stock worth $242,484,000 after purchasing an additional 979,395 shares during the last quarter. Institutional investors own 88.30% of the company’s stock.

Capital One Financial Company Profile

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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.