ValuEngine lowered shares of Capital One Financial (NYSE:COF) from a hold rating to a sell rating in a research report report published on Thursday, ValuEngine reports.
COF has been the topic of a number of other reports. Deutsche Bank reiterated a hold rating and issued a $98.00 target price on shares of Capital One Financial in a research note on Monday, July 8th. Zacks Investment Research cut shares of Capital One Financial from a buy rating to a hold rating and set a $103.00 target price on the stock. in a research note on Thursday, July 25th. Royal Bank of Canada reiterated a sector perform rating and issued a $98.00 target price on shares of Capital One Financial in a research note on Friday, May 3rd. BMO Capital Markets set a $141.00 price target on shares of Capital One Financial and gave the company a buy rating in a research note on Friday, July 19th. Finally, Jefferies Financial Group upgraded shares of Capital One Financial from a hold rating to a buy rating and upped their price target for the company from $95.00 to $115.00 in a research note on Tuesday, May 14th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $105.58.
COF stock traded down $2.90 during trading on Thursday, reaching $86.95. The stock had a trading volume of 1,092,746 shares, compared to its average volume of 3,067,007. Capital One Financial has a one year low of $69.90 and a one year high of $101.26. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a 50 day moving average price of $91.75. The stock has a market cap of $41.32 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.24.
Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, July 18th. The financial services provider reported $3.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.84 by $0.53. Capital One Financial had a net margin of 17.50% and a return on equity of 10.68%. The business had revenue of $7.12 billion during the quarter, compared to the consensus estimate of $7.01 billion. During the same period in the prior year, the firm posted $3.71 EPS. The firm’s quarterly revenue was down .9% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial will post 11.46 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, August 5th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend is Friday, August 2nd. Capital One Financial’s payout ratio is currently 14.71%.
In other Capital One Financial news, Director Bradford H. Warner sold 4,000 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $85.98, for a total value of $343,920.00. Following the sale, the director now directly owns 57,930 shares in the company, valued at approximately $4,980,821.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael J. Wassmer sold 8,212 shares of the stock in a transaction that occurred on Wednesday, July 24th. The stock was sold at an average price of $95.03, for a total transaction of $780,386.36. Following the completion of the sale, the insider now owns 84,679 shares in the company, valued at $8,047,045.37. The disclosure for this sale can be found here. Insiders have sold a total of 55,149 shares of company stock worth $5,053,283 over the last 90 days. 1.43% of the stock is currently owned by corporate insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of COF. Next Capital Management LLC purchased a new stake in Capital One Financial in the 2nd quarter worth approximately $25,000. Pinnacle Bank purchased a new stake in Capital One Financial in the 4th quarter worth approximately $28,000. Parkside Financial Bank & Trust lifted its stake in Capital One Financial by 78.6% in the 1st quarter. Parkside Financial Bank & Trust now owns 384 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 169 shares in the last quarter. Bogart Wealth LLC lifted its stake in Capital One Financial by 72.5% in the 1st quarter. Bogart Wealth LLC now owns 440 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 185 shares in the last quarter. Finally, Braun Bostich & Associates Inc. purchased a new stake in Capital One Financial in the 1st quarter worth approximately $37,000. Institutional investors and hedge funds own 88.43% of the company’s stock.
About Capital One Financial
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.
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