Capital One Financial (NYSE:COF) Reaches New 52-Week High at $149.76

Capital One Financial Co. (NYSE:COF) reached a new 52-week high during trading on Tuesday . The company traded as high as $149.76 and last traded at $149.45, with a volume of 709366 shares. The stock had previously closed at $147.25.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on COF shares. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Wells Fargo & Company raised their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. UBS Group lifted their price objective on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Citigroup boosted their price objective on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Finally, Robert W. Baird cut shares of Capital One Financial from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $150.00 to $145.00 in a report on Monday, January 8th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and a consensus target price of $137.05.

Capital One Financial Trading Down 2.0 %

The firm has a market capitalization of $55.51 billion, a PE ratio of 12.21, a price-to-earnings-growth ratio of 1.06 and a beta of 1.48. The company’s 50-day simple moving average is $140.29 and its 200 day simple moving average is $125.58. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. As a group, sell-side analysts expect that Capital One Financial Co. will post 13.84 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were given a dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.64%. Capital One Financial’s dividend payout ratio (DPR) is 20.08%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Householder Group Estate & Retirement Specialist LLC lifted its position in shares of Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after buying an additional 199 shares in the last quarter. Rise Advisors LLC purchased a new position in Capital One Financial in the 1st quarter valued at $33,000. Bartlett & Co. LLC lifted its holdings in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in Capital One Financial by 726.7% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares in the last quarter. Hedge funds and other 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.