Capital One Financial (NYSE:COF) saw its target price raised by Citigroup research analysts from $185.00 to $189.00 in a research note released Thursday, Marketbeat.com reports. The company currently has a “buy” rating on shares of the financial services provider. Citigroup’s price target would suggest a potential upside of 40.29% from the company’s previous close.
Several other research analysts have also recently weighed in on the stock. Stephens lowered his price target on Capital One Financial shares from $210.00 to $205.00 and set an “equal weight” rating on the stock in a Wednesday, January 26 research report. Edward Jones upgraded Capital One Financial from a “hold” rating to a “buy” rating in a Thursday, January 13 research note. Robert W. Baird downgraded Capital One Financial from an “underperforming” rating to a “neutral” rating and set a target price of $145.00 for the company in a Wednesday, Dec. 1 research note. JPMorgan Chase & Co. cut its price target on Capital One Financial from $192.00 to $177.00 and set an “overweight” rating for the company in a Wednesday, Jan. 19 research note. Finally, Wolfe Research downgraded Capital One Financial from an “outperform” rating to a “market performance” rating in a Thursday, March 17 research note. Nine research analysts gave the stock a hold rating and fourteen gave the company a buy rating. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Buy” and a consensus price target of $182.29.
Shares of COF rose $0.73 during Thursday’s trading, hitting $134.72. The company had a trading volume of 41,759 shares, compared to an average volume of 3,151,496. The company has a quick ratio of 0.93, a current ratio of 0.95 and a leverage ratio of 0.69 . The stock’s 50-day moving average is $145.97 and its two-hundred-day moving average is $152.21. The stock has a market capitalization of $57.34 billion, a price-to-earnings ratio of 5.05, a growth price-to-earnings ratio of 0.42 and a beta of 1.55. Capital One Financial has a 52-week low of $121.44 and a 52-week high of $177.95.
Capital One Financial (NYSE:COF – Get Rating) last released its quarterly earnings data on Tuesday, January 25. The financial services provider reported earnings per share of $5.41 for the quarter, beating Thomson Reuters consensus estimate of $5.14 by $0.27. The company posted revenue of $8.12 billion for the quarter, compared to analysts’ expectations of $7.93 billion. Capital One Financial posted a net margin of 38.68% and a return on equity of 19.77%. Capital One Financial’s revenue for the quarter increased 10.6% compared to the same quarter last year. In the same period a year earlier, the company had earned earnings per share of $5.29. On average, research analysts predict that Capital One Financial will post EPS of 20.14 for the current fiscal year.
In related news, General Counsel Matthew W. Cooper sold 6,767 shares of the company in a transaction that took place on Thursday, January 27. The stock was sold at an average price of $146.82, for a total transaction of $993,530.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the past 90 days, insiders have sold 6,825 shares of the company valued at $1,002,042. 1.31% of the shares are held by insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of COF. Bank of America Corp DE increased its stake in Capital One Financial by 27.8% in the second quarter. Bank of America Corp DE now owns 8,148,023 shares of the financial services provider worth $1,260,419,000 after buying an additional 1,771,101 shares last quarter. CHICAGO TRUST Co NA bought a new position in shares of Capital One Financial during the third quarter worth $231,000. Schneider Downs Wealth Management Advisors LP increased its equity stake in Capital One Financial by 19.1% during the third quarter. Schneider Downs Wealth Management Advisors LP now owns 1,909 shares of the financial services provider valued at $309,000 after acquiring 306 additional shares last quarter. Canal Capital Management LLC increased its equity stake in Capital One Financial by 0.7% during the third quarter. Canal Capital Management LLC now owns 9,630 shares of the financial services provider valued at $1,560,000 after acquiring 64 additional shares last quarter. Finally, WESPAC Advisors LLC increased its equity stake in Capital One Financial by 193.7% during the third quarter. WESPAC Advisors LLC now owns 10,283 shares of the financial services provider valued at $1,666,000 after acquiring an additional 6,782 shares in the last quarter. Institutional investors and hedge funds own 88.94% of the company’s shares.
Capital One Financial Company Profile (Get a rating)
Capital One Financial Corp. operates as a financial holding company. The company engages in the provision of financial products and services. It operates through the following segments: Credit Cards, Consumer Banking and Business Banking. The credit card segment includes domestic consumer and small business loans, as well as international card lending businesses.
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