Capital One (COF) Receives Consensus Recommendation of “Hold” from Analysts

Capital One (NYSE:COF) has earned an average rating of “Hold” from the twenty-four research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $111.71.

A number of equities analysts have recently commented on the stock. Robert W. Baird reaffirmed a “hold” rating on shares of Capital One in a report on Wednesday, April 25th. Oppenheimer reissued a “hold” rating on shares of Capital One in a research note on Tuesday, April 24th. Morgan Stanley dropped their price objective on shares of Capital One from $111.00 to $104.00 and set an “equal weight” rating on the stock in a research note on Monday, April 30th. BMO Capital Markets dropped their price objective on shares of Capital One from $140.00 to $133.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 25th. They noted that the move was a valuation call. Finally, ValuEngine cut shares of Capital One from a “buy” rating to a “hold” rating in a research note on Thursday, April 26th.

In other Capital One news, CFO Richard Scott Blackley sold 10,000 shares of the business’s stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $98.12, for a total transaction of $981,200.00. Following the sale, the chief financial officer now directly owns 38,537 shares in the company, valued at approximately $3,781,250.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kleber Santos sold 5,607 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $97.74, for a total transaction of $548,028.18. Following the sale, the insider now owns 15,894 shares in the company, valued at $1,553,479.56. The disclosure for this sale can be found here. Insiders have sold a total of 293,770 shares of company stock worth $27,484,751 over the last 90 days. Insiders own 1.73% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Advisor Partners LLC boosted its position in shares of Capital One by 5.3% during the 4th quarter. Advisor Partners LLC now owns 9,885 shares of the financial services provider’s stock worth $1,032,000 after purchasing an additional 495 shares in the last quarter. Lido Advisors LLC boosted its position in shares of Capital One by 21.7% in the 4th quarter. Lido Advisors LLC now owns 2,896 shares of the financial services provider’s stock worth $288,000 after buying an additional 516 shares in the last quarter. Timber Creek Capital Management LLC boosted its position in shares of Capital One by 1.0% in the 4th quarter. Timber Creek Capital Management LLC now owns 51,500 shares of the financial services provider’s stock worth $5,128,000 after buying an additional 520 shares in the last quarter. American Assets Investment Management LLC boosted its position in shares of Capital One by 1.0% in the 1st quarter. American Assets Investment Management LLC now owns 58,670 shares of the financial services provider’s stock worth $5,622,000 after buying an additional 570 shares in the last quarter. Finally, Sentinel Trust Co. LBA boosted its position in shares of Capital One by 1.2% in the 4th quarter. Sentinel Trust Co. LBA now owns 49,167 shares of the financial services provider’s stock worth $4,896,000 after buying an additional 580 shares in the last quarter. Institutional investors own 89.71% of the company’s stock.

Shares of Capital One stock opened at $96.43 on Friday. The firm has a market capitalization of $46.91 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 0.91 and a beta of 1.32. Capital One has a 12 month low of $76.05 and a 12 month high of $106.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One (NYSE:COF) last announced its earnings results on Tuesday, April 24th. The financial services provider reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.31. The business had revenue of $6.90 million for the quarter, compared to analysts’ expectations of $6.93 billion. Capital One had a net margin of 8.38% and a return on equity of 9.23%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.75 EPS. equities research analysts expect that Capital One will post 10.05 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 24th. Shareholders of record on Monday, May 14th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, May 11th. This represents a $1.60 annualized dividend and a dividend yield of 1.66%. Capital One’s payout ratio is currently 20.54%.

Capital One Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Analyst Recommendations for Capital One (NYSE:COF)

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