Capital One Financial (NYSE: COF) saw its price target lowered by equity researchers to Wells Fargo and company from $160.00 to $130.00 in a research note published Wednesday, Market Beat Ratings reports. The company currently has an “overweight” rating on shares of the financial services provider. Wells Fargo and companyThe target price of indicates a potential upside of 25.66% from the current stock price.
Other research analysts have also recently released reports on the stock. Wolfe Research has downgraded Capital One Financial shares from a “peer performing” rating to an “underperforming” rating and set a price target of $86.00 for the stock. in a report on Thursday, May 12. Bank of America lowered its price target on shares of Capital One Financial from $185.00 to $167.00 in a Thursday, March 17 report. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperforming” rating and set a target price of $145.00 on the stock in a Friday, June 17 report. Oppenheimer downgraded Capital One Financial shares from an “outperforming” rating to a “market performing” rating in a Tuesday report. Finally, TheStreet upgraded Capital One Financial shares from a “b” rating to a “c+” rating in a Wednesday, June 29 report. One equity research analyst has assigned the stock a sell rating, ten have issued a hold rating and twelve have assigned the company a buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $164.83.
COF Stock opened at $103.45 on Wednesday. The company’s fifty-day simple moving average is $114.09 and its two-hundred-day simple moving average is $132.56. The company has a quick ratio of 0.95, a current ratio of 0.95 and a leverage ratio of 0.79. The stock has a market capitalization of $40.66 billion, a price-to-earnings ratio of 4.07, a growth price-to-earnings ratio of 0.31 and a beta of 1.48. Capital One Financial has a 12-month low of $98.54 and a 12-month high of $177.95.
Capital One Financial (NYSE: COF – Get a rating) last released its quarterly results on Tuesday, April 26. The financial services provider reported EPS of $5.62 for the quarter, beating analyst consensus estimates of $5.39 by $0.23. The company posted revenue of $8.17 billion for the quarter, versus $8.02 billion expected by analysts. Capital One Financial had a net margin of 34.71% and a return on equity of 18.66%. The company’s revenue for the quarter increased 14.9% year over year. In the same period a year earlier, the company posted earnings per share of $7.03. As a group, equity research analysts expect Capital One Financial to post EPS of 20.25 for the current year.
In related news, insider Sheldon Room sold 14,504 shares in a trade that took place on Thursday, May 26. 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 directly owns 68,337 shares of the company, valued at approximately $8,542,125. The sale was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC website. Insiders of the company own 1.27% of the shares of the company.
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Krilogy Financial LLC increased its position in Capital One Financial by 135.9% during the 2nd quarter. Krilogy Financial LLC now owns 7,647 shares of the financial services provider worth $797,000 after purchasing an additional 4,406 shares in the last quarter. Orion Portfolio Solutions LLC increased its position in Capital One Financial by 4.9% during the second quarter. Orion Portfolio Solutions LLC now owns 3,585 shares of the financial services provider worth $374,000 after purchasing an additional 166 shares in the last quarter. Atticus Wealth Management LLC increased its position in Capital One Financial by 7,200.0% during the second quarter. Atticus Wealth Management LLC now owns 292 shares of the financial services provider worth $30,000 after buying 288 additional shares in the last quarter. Parkside Financial Bank & Trust increased its position in Capital One Financial by 20.8% in the second quarter. Parkside Financial Bank & Trust now owns 615 shares of the financial services provider worth $64,000 after buying 106 more shares in the last quarter. Finally, Gateway Investment Advisers LLC increased its position in Capital One Financial by 3.4% during the 2nd quarter. Gateway Investment Advisers LLC now owns 3,942 shares of the financial services provider worth $411,000 after buying 128 additional shares in the last quarter. 89.31% of the shares are held by institutional investors.
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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