Capital One Financial (NYSE:COF) Upgraded at Robert W. Baird

Capital One Financial (NYSE:COF) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a research report issued on Friday, The Fly reports. The brokerage presently has a $145.00 target price on the financial services provider’s stock. Robert W. Baird’s price target points to a potential upside of 42.00% from the company’s previous close.

Several other equities analysts also recently issued reports on COF. Wolfe Research downgraded shares of Capital One Financial from a “peer perform” rating to an “underperform” rating and set a $86.00 price objective on the stock. in a report on Thursday, May 12th. BMO Capital Markets decreased their price target on shares of Capital One Financial from $200.00 to $188.00 and set a “buy” rating on the stock in a research note on Wednesday, April 27th. Wells Fargo & Company decreased their price target on shares of Capital One Financial from $180.00 to $165.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 6th. StockNews.com initiated coverage on shares of Capital One Financial in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Piper Sandler downgraded shares of Capital One Financial from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $164.00 to $143.00 in a research note on Wednesday, April 27th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, Capital One Financial currently has an average rating of “Buy” and an average price target of $169.23.

Shares of NYSE COF opened at $102.11 on Friday. The company’s fifty day moving average price is $124.50 and its 200 day moving average price is $137.88. Capital One Financial has a 1 year low of $98.54 and a 1 year high of $177.95. The company has a market capitalization of $40.13 billion, a PE ratio of 4.02, a price-to-earnings-growth ratio of 0.31 and a beta of 1.44. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.95 and a current ratio of 0.95.

Capital One Financial (NYSE:COFGet Rating) last announced its quarterly earnings results on Tuesday, April 26th. The financial services provider reported $5.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.39 by $0.23. The firm had revenue of $8.17 billion for the quarter, compared to the consensus estimate of $8.02 billion. Capital One Financial had a net margin of 34.71% and a return on equity of 18.66%. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.03 earnings per share. On average, equities analysts expect that Capital One Financial will post 20.14 EPS for the current year.

In other news, insider Sheldon Hall sold 14,504 shares of the firm’s stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $125.00, for a total value of $1,813,000.00. Following the completion of the transaction, the insider now owns 68,337 shares of the company’s stock, valued at $8,542,125. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.27% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of COF. Industrial Alliance Investment Management Inc. purchased a new position in shares of Capital One Financial in the fourth quarter valued at approximately $25,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its stake in Capital One Financial by 566.7% in the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 200 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 170 shares during the last quarter. Zullo Investment Group Inc. purchased a new position in Capital One Financial in the fourth quarter worth approximately $27,000. Rock Creek Group LP lifted its stake in Capital One Financial by 287.3% in the first quarter. Rock Creek Group LP now owns 213 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 158 shares during the last quarter. Finally, Covestor Ltd purchased a new position in Capital One Financial in the fourth quarter worth approximately $33,000. 89.31% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile (Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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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