Brokerages Set Capital One Financial Co. (NYSE:COF) Target Price at $120.31

Shares of Capital One Financial Co. (NYSE:COF) have received a consensus recommendation of “Hold” from the seventeen analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $122.68.

A number of equities analysts recently commented on the stock. Piper Sandler boosted their price objective on shares of Capital One Financial from $123.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Robert W. Baird downgraded Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $150.00 to $145.00 in a research report on Monday, January 8th. BMO Capital Markets upped their target price on Capital One Financial from $124.00 to $125.00 and gave the company a “market perform” rating in a research report on Monday. The Goldman Sachs Group upped their target price on Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, December 18th. Finally, Citigroup lowered their target price on shares of Capital One Financial from $130.00 to $126.00 and set a “buy” rating on the stock in a research note on Friday, October 6th.

Check Out Our Latest Research Report on Capital One Financial

Insider Transactions at Capital One Financial

In other news, insider Frank G. LapradeIii sold 39,760 shares of Capital One Financial stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $130.00, for a total transaction of $5,168,800.00. Following the completion of the sale, the insider now directly owns 43,186 shares of the company’s stock, valued at approximately $5,614,180. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Capital One Financial news, Director Ann F. Hackett sold 8,000 shares of Capital One Financial stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $106.47, for a total value of $851,760.00. Following the transaction, the director now directly owns 61,980 shares in the company, valued at $6,599,010.60. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Frank G. LapradeIii sold 39,760 shares of Capital One Financial stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $130.00, for a total transaction of $5,168,800.00. Following the completion of the transaction, the insider now owns 43,186 shares in the company, valued at $5,614,180. The disclosure for this sale can be found here. In the last three months, insiders sold 95,647 shares of company stock valued at $11,690,618. Insiders own 1.41% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Capital Research Global Investors purchased a new stake in Capital One Financial during the second quarter worth about $874,947,000. Norges Bank acquired a new position in Capital One Financial during the fourth quarter worth approximately $318,480,000. Berkshire Hathaway Inc increased its position in Capital One Financial by 25.7% during the second quarter. Berkshire Hathaway Inc now owns 12,471,030 shares of the financial services provider’s stock worth $1,363,957,000 after purchasing an additional 2,549,030 shares during the last quarter. First Trust Advisors LP increased its position in Capital One Financial by 603.3% during 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. Finally, Swiss National Bank acquired a new position in Capital One Financial during the second quarter worth approximately $151,073,000. 90.09% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Trading Up 0.1 %

Shares of COF stock opened at $138.61 on Wednesday. The stock’s 50-day moving average price is $125.11 and its 200-day moving average price is $110.96. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. Capital One Financial has a 12-month low of $83.93 and a 12-month high of $140.86. The stock has a market capitalization of $52.79 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 2.26 and a beta of 1.47.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Monday, November 13th were given a $0.60 dividend. The ex-dividend date of this dividend was Friday, November 10th. This represents a $2.40 annualized dividend and a yield of 1.73%. Capital One Financial’s dividend payout ratio is presently 20.08%.

About Capital One Financial

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Capital One Financial Corporation operates as the financial services 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, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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