Capital One Financial (NYSE:COF) Price Target Raised to $210.00

Capital One Financial (NYSE:COF) had its price objective hoisted by investment analysts at Wells Fargo & Company from $185.00 to $210.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the financial services provider’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 17.78% from the stock’s previous close.

A number of other brokerages have also issued reports on COF. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Barclays upped their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Finally, Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $174.31.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $178.30 on Friday. The stock has a market cap of $68.02 billion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 1.36 and a beta of 1.45. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The business’s fifty day moving average price is $180.94 and its two-hundred day moving average price is $156.79. Capital One Financial has a one year low of $123.23 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $4.45 EPS. On average, analysts forecast that Capital One Financial will post 13.54 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction 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 transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Y.D. More Investments Ltd acquired a new position in Capital One Financial in the second quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial during the 3rd quarter worth $36,000. Strategic Financial Concepts LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth $42,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Finally, Eastern Bank acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at $44,000. 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.