Brokerages Set Capital One Financial Co. (NYSE:COF) PT at $196.31

Shares of Capital One Financial Co. (NYSE:COF) have received a consensus rating of “Moderate Buy” from the nineteen research firms that are currently covering the stock, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $196.31.

A number of research firms recently commented on COF. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Royal Bank of Canada upped their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Barclays upped their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Evercore ISI upped their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th.

Insider Buying and Selling at Capital One Financial

In related news, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of Capital One Financial stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $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. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. FMR LLC increased its position in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $130,683,000. Wellington Management Group LLP increased its holdings in Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after purchasing an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new stake in Capital One Financial during the 3rd quarter valued at $104,811,000. Finally, KBC Group NV lifted its holdings in shares of Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after buying an additional 460,339 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

Capital One Financial stock opened at $200.15 on Friday. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $208.63. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $76.30 billion, a P/E ratio of 17.27, a PEG ratio of 1.24 and a beta of 1.47. The stock’s 50 day moving average is $187.34 and its 200 day moving average is $165.25.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 EPS. On average, equities research analysts predict that Capital One Financial will post 15.44 earnings per share for the current fiscal year.

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.