Capital One Financial (NYSE:COF) Price Target Raised to $184.00

Capital One Financial (NYSE:COF) had its target price lifted by Evercore ISI from $163.00 to $184.00 in a research report released on Wednesday morning, Benzinga reports. They currently have an in-line rating on the financial services provider’s stock.

A number of other equities analysts also recently commented on COF. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Finally, Royal Bank of Canada increased their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $156.35.

Capital One Financial Stock Up 0.7 %

Shares of NYSE:COF opened at $163.90 on Wednesday. Capital One Financial has a 12-month low of $101.38 and a 12-month high of $167.93. The stock’s 50-day moving average price is $150.14 and its two-hundred day moving average price is $143.70. The firm has a market cap of $62.59 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.27 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the previous year, the company posted $4.45 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial will post 13.17 EPS for the current year.

Insider Transactions at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. LRI Investments LLC bought a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. Y.D. More Investments Ltd bought a new stake in Capital One Financial in the 2nd quarter valued at $28,000. Hobbs Group Advisors LLC acquired a new position in shares of Capital One Financial in the 2nd quarter valued at $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial during the 2nd quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter valued at about $36,000. Institutional investors and hedge funds 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.