Capital One Financial (NYSE:COF) Stock Rating Upgraded by BTIG Research

Capital One Financial (NYSE:COF) was upgraded by equities researchers at BTIG Research from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Marketbeat reports. The firm presently has a $208.00 target price on the financial services provider’s stock. BTIG Research’s target price would suggest a potential upside of 15.63% from the company’s previous close.

COF has been the topic of a number of other reports. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Truist Financial lowered their target price on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Finally, UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $206.63.

Capital One Financial Stock Down 1.4 %

Shares of Capital One Financial stock opened at $179.88 on Tuesday. The firm has a market cap of $68.59 billion, a price-to-earnings ratio of 15.52, a P/E/G ratio of 1.19 and a beta of 1.47. The stock has a 50-day simple moving average of $191.26 and a 200-day simple moving average of $177.14. Capital One Financial has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the business posted $2.81 earnings per share. The business’s quarterly revenue was up 7.2% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Institutional Trading of Capital One Financial

Several institutional investors have recently modified their holdings of COF. Principal Financial Group Inc. lifted its position in Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Capital One Financial by 4.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after buying an additional 2,006 shares in the last quarter. Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Capital One Financial by 36.8% during 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 acquiring an additional 3,000 shares during the period. Artemis Investment Management LLP acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $46,915,000. Finally, DRW Securities LLC increased its stake in Capital One Financial by 207.5% in the third quarter. DRW Securities LLC now owns 9,606 shares of the financial services provider’s stock valued at $1,438,000 after acquiring an additional 6,482 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

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.