Capital One Financial (NYSE:COF) Rating Increased to Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Capital One Financial (NYSE:COF) from a hold rating to a buy rating in a research report sent to investors on Thursday, MarketBeat.com reports. They currently have $165.00 price objective on the financial services provider’s stock, up from their prior price objective of $145.00.

A number of other equities research analysts have also recently commented on COF. Citigroup raised their price objective on Capital One Financial from $152.00 to $165.00 and gave the company a buy rating in a research note on Friday, February 23rd. Keefe, Bruyette & Woods reissued an outperform rating and issued a $159.00 price objective on shares of Capital One Financial in a research note on Wednesday, March 27th. Piper Sandler raised their price objective on Capital One Financial from $126.00 to $142.00 and gave the company a neutral rating in a research note on Friday, February 23rd. Wolfe Research raised Capital One Financial from a peer perform rating to an outperform rating and set a $189.00 price objective for the company in a research note on Thursday, April 4th. Finally, UBS Group raised their price objective on Capital One Financial from $132.00 to $140.00 and gave the company a neutral rating in a research note on Thursday, February 29th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, Capital One Financial presently has an average rating of Hold and a consensus price target of $141.25.

Get Our Latest Research Report on Capital One Financial

Capital One Financial Trading Up 0.6 %

Shares of COF stock opened at $136.35 on Thursday. The company has a market cap of $51.84 billion, a P/E ratio of 10.68, a PEG ratio of 1.05 and a beta of 1.45. The stock has a 50 day simple moving average of $141.43 and a two-hundred day simple moving average of $134.14. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. Capital One Financial has a fifty-two week low of $88.23 and a fifty-two week high of $149.94.

Capital One Financial (NYSE:COFGet Free Report) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The business had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.31 earnings per share. Research analysts forecast that Capital One Financial will post 13.05 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were given a $0.60 dividend. The ex-dividend date was Friday, May 10th. This represents a $2.40 annualized dividend and a yield of 1.76%. Capital One Financial’s dividend payout ratio is currently 18.79%.

Insiders Place Their Bets

In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Capital One Financial news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares of the company’s stock, valued at $6,726,933.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the transaction, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Several hedge funds have recently made changes to their positions in COF. Silicon Valley Capital Partners bought a new stake in shares of Capital One Financial in the first quarter valued at $25,000. LRI Investments LLC bought a new stake in shares of Capital One Financial in the first quarter valued at $25,000. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after buying an additional 199 shares during the period. Bartlett & Co. LLC raised its stake in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. Finally, Bartlett & CO. Wealth Management LLC raised its stake in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. 89.84% of the stock is currently owned by institutional investors.

About Capital One Financial

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Capital One Financial (NYSE:COF)

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