Capital One Financial (NYSE:COF) had its price target upped by analysts at Keefe, Bruyette & Woods from $185.00 to $232.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 26.18% from the stock’s previous close.
COF has been the subject of several other reports. Royal Bank of Canada upped their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Robert W. Baird boosted their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $203.00 to $200.00 in a research report on Monday. Evercore ISI increased their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Finally, Barclays raised their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Twelve equities research analysts have rated the stock with 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 a consensus rating of “Hold” and a consensus price target of $168.47.
Get Our Latest Research Report on COF
Capital One Financial Stock Down 0.5 %
Capital One Financial (NYSE:COF – Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the prior year, the business earned $4.45 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts predict that Capital One Financial will post 13.54 EPS for the current year.
Insider Activity at Capital One Financial
In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company’s stock.
Institutional Trading of Capital One Financial
Institutional investors and hedge funds have recently made changes to their positions in the company. Asset Management One Co. Ltd. boosted its position in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares in the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $1,649,000. Dai ichi Life Insurance Company Ltd grew its position in shares of Capital One Financial by 36.8% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after buying an additional 3,000 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares in the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new stake in Capital One Financial during the second quarter valued at approximately $511,000. 89.84% of the stock is currently owned by institutional investors.
About Capital One Financial
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.
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