Capital One Financial (NYSE:COF) Upgraded at Hsbc Global Res

Capital One Financial (NYSE:COF) was upgraded by Hsbc Global Res from a “moderate sell” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on COF. Truist Financial initiated coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective on the stock. Barclays upgraded Capital One Financial from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $158.00 to $219.00 in a report on Monday, January 6th. Robert W. Baird upped their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Finally, Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $188.06.

Capital One Financial Trading Up 3.3 %

Shares of NYSE COF opened at $190.79 on Tuesday. Capital One Financial has a twelve month low of $123.23 and a twelve month high of $198.30. The firm has a market cap of $72.79 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 1.34 and a beta of 1.45. The business has a fifty day simple moving average of $183.63 and a two-hundred day simple moving average of $159.54. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last released its quarterly earnings data 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the firm earned $4.45 earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Analysts expect that Capital One Financial will post 13.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on 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 sale, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock worth $2,462,487 in the last 90 days. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors have recently modified their holdings of the stock. Aaron Wealth Advisors LLC raised its position in Capital One Financial by 10.4% during the fourth quarter. Aaron Wealth Advisors LLC now owns 3,181 shares of the financial services provider’s stock valued at $567,000 after acquiring an additional 299 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of Capital One Financial by 0.5% during the 4th quarter. Trust Co. of Vermont now owns 18,166 shares of the financial services provider’s stock valued at $3,239,000 after purchasing an additional 83 shares in the last quarter. Brooklyn Investment Group lifted its stake in shares of Capital One Financial by 11.9% in the 4th quarter. Brooklyn Investment Group now owns 1,555 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 165 shares during the period. Merit Financial Group LLC boosted its holdings in Capital One Financial by 39.2% during the fourth quarter. Merit Financial Group LLC now owns 3,935 shares of the financial services provider’s stock worth $702,000 after buying an additional 1,109 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Capital One Financial during the fourth quarter valued at $232,000. 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.