Brokerages Set Capital One Financial Co. (NYSE:COF) Target Price at $203.87

Capital One Financial Co. (NYSE:COF) has been assigned a consensus rating of “Moderate Buy” from the nineteen analysts that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $206.63.

A number of brokerages recently weighed in on COF. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Wednesday, March 12th. Keefe, Bruyette & Woods lifted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Royal Bank of Canada increased their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Finally, Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th.

Capital One Financial Stock Down 2.7 %

NYSE:COF opened at $173.32 on Monday. Capital One Financial has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $66.09 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a 50-day moving average of $190.70 and a 200 day moving average of $177.36.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 earnings per share. As a group, research analysts anticipate that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.38%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Institutional Trading of Capital One Financial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Mascagni Wealth Management Inc. purchased a new position in shares of Capital One Financial during the fourth quarter worth $108,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Capital One Financial by 14.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,230 shares of the financial services provider’s stock valued at $4,677,000 after buying an additional 3,226 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of Capital One Financial during the 4th quarter valued at about $91,780,000. Siemens Fonds Invest GmbH lifted its holdings in shares of Capital One Financial by 2,139.7% in the 4th quarter. Siemens Fonds Invest GmbH now owns 92,431 shares of the financial services provider’s stock valued at $16,482,000 after buying an additional 88,304 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Capital One Financial in the fourth quarter worth about $34,343,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

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.