Capital One Financial (NYSE:COF) had its price target reduced by analysts at Piper Sandler from $143.00 to $128.00 in a report on Wednesday, Fly reports. Piper Sandler’s price target would indicate a potential upside of 17.95% from the stock’s previous close.
COF has been the subject of several other research reports. BMO Capital Markets lowered its price target on Capital One Financial from $200.00 to $188.00 and set a “buy” rating for the company in a Wednesday, April 27 research note. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperforming” rating and set a price target of $145.00 for the company in a Friday, June 17 research note. Morgan Stanley lowered its price target on Capital One Financial from $217.00 to $157.00 and set an “overweight” rating for the company in a Monday, March 28 research note. Wolfe Research downgraded Capital One Financial from a “peer performing” rating to an “underperforming” rating and set a target price of $86.00 for the company. in a research note on Thursday, May 12. Finally, Bank of America reduced its price target on Capital One Financial from $185.00 to $167.00 in a Thursday, March 17 research note. One research analyst rated the stock with a sell rating, eight issued a hold rating and fourteen issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “moderate buy” and an average target price of $168.35.
NYSE:COF shares opened at $108.52 on Wednesday. The company has a 50-day moving average price of $120.23 and a 200-day moving average price of $135.71. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt ratio of 0.79. The company has a market capitalization of $42.65 billion, a price-earnings ratio of 4.27, a PEG ratio of 0.32 and a beta of 1.44. Capital One Financial has a 12 month minimum of $98.54 and a 12 month maximum of $177.95.
Capital One Financial (NYSE: COF – Get a rating) last released its quarterly earnings data on Tuesday, April 26. The financial services provider reported earnings per share (EPS) of $5.62 for the quarter, beating analyst consensus estimates of $5.39 by $0.23. Capital One Financial had a return on equity of 18.66% and a net margin of 34.71%. The company posted revenue of $8.17 billion in the quarter, versus a consensus estimate of $8.02 billion. During the same period last year, the company achieved EPS of $7.03. The company’s quarterly revenue increased 14.9% year over year. As a group, equity research analysts expect Capital One Financial to post earnings per share of 20.14 for the current fiscal year.
In related news, insider Sheldon Room sold 14,504 shares of the company in a trade on Thursday, May 26. The stock was 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 directly owns 68,337 shares of the company, valued at $8,542,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC website. Company insiders hold 1.27% of the company’s shares.
Hedge funds have recently been buying and selling shares of the company. Industrial Alliance Investment Management Inc. acquired a new equity stake in Capital One Financial in the fourth quarter worth approximately $25,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its holdings 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 valued at $26,000 after buying an additional 170 shares in the last quarter. Rock Creek Group LP increased 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 valued at $28,000 after buying an additional 158 shares in the last quarter. Covestor Ltd bought a new position in Capital One Financial in the fourth quarter worth around $33,000. Finally, Equitec Proprietary Markets LLC bought a new position in Capital One Financial in the fourth quarter, valued at around $35,000. Institutional investors and hedge funds hold 89.31% of the company’s shares.
Capital One Financial Company Profile (Get a rating)
Capital One Financial Corporation operates as the financial services holding company for 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 Cards, Consumer Banking and Business Banking.
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