Capital One Financial (NYSE:COF) Upgraded at BTIG Research

BTIG Research upgraded shares of Capital One Financial (NYSE:COF) from a neutral rating to a buy rating in a research report released on Tuesday, Marketbeat reports. They currently have $208.00 price target on the financial services provider’s stock.

Several other analysts also recently commented on COF. Evercore ISI raised 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. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Royal Bank of Canada raised their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $206.63.

Capital One Financial Stock Down 0.8 %

Shares of NYSE:COF opened at $178.38 on Tuesday. Capital One Financial has a 52-week low of $128.23 and a 52-week high of $210.67. The business’s 50 day simple moving average is $191.05 and its two-hundred day simple moving average is $177.15. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $68.02 billion, a P/E ratio of 15.39, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for 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%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.81 earnings per share. As a group, research analysts forecast that Capital One Financial will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.35%. Capital One Financial’s payout ratio is presently 20.71%.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds have recently added to or reduced their stakes in the company. Bfsg LLC bought a new stake in Capital One Financial in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the fourth quarter valued at about $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at about $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Capital One Financial during the 4th quarter valued at about $32,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.