Capital One Financial (NYSE:COF) PT Raised to $165.00 at Wells Fargo & Company

Capital One Financial (NYSE:COF) had its price target hoisted by equities research analysts at Wells Fargo & Company from $160.00 to $165.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 17.57% from the stock’s previous close.

Several other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. upped their price target on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Capital One Financial in a research report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price target on the stock. Barclays boosted their price objective on shares of Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 2nd. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a report on Thursday, April 4th. Finally, Citigroup upped their target price on Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $137.05.

Capital One Financial Trading Up 0.3 %

NYSE COF opened at $140.34 on Wednesday. The company’s fifty day moving average price is $138.82 and its two-hundred day moving average price is $122.28. The company has a market capitalization of $53.38 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 1.03 and a beta of 1.48. Capital One Financial has a 12 month low of $83.93 and a 12 month high of $149.27. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. As a group, research analysts predict that Capital One Financial will post 13.87 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Comerica Bank increased its position in shares of Capital One Financial by 158.7% during the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after purchasing an additional 53,894 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Capital One Financial by 1.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock valued at $242,471,000 after buying an additional 40,585 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Capital One Financial by 15.2% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock worth $7,443,000 after acquiring an additional 10,107 shares in the last quarter. Rafferty Asset Management LLC lifted its holdings in Capital One Financial by 4.3% in the 3rd quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock valued at $12,807,000 after acquiring an additional 5,439 shares during the last quarter. Finally, Mariner LLC boosted its position in shares of Capital One Financial by 3.5% during the 3rd quarter. Mariner LLC now owns 65,596 shares of the financial services provider’s stock valued at $6,366,000 after purchasing an additional 2,228 shares in the last quarter. 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.