Credit Suisse Group set a $116.00 target price on Capital One Financial (NYSE:COF) in a research note published on Friday, TipRanks reports. The brokerage currently has a buy rating on the financial services provider’s stock.
Several other equities analysts also recently weighed in on COF. Morgan Stanley set a $99.00 price target on shares of Capital One Financial and gave the stock a hold rating in a report on Friday, August 9th. Zacks Investment Research downgraded shares of Capital One Financial from a buy rating to a hold rating and set a $103.00 price target on the stock. in a report on Thursday, July 25th. ValuEngine downgraded shares of Capital One Financial from a hold rating to a sell rating in a report on Thursday, August 1st. Piper Jaffray Companies cut their price target on shares of Capital One Financial from $111.00 to $107.00 and set an overweight rating on the stock in a report on Wednesday, September 11th. Finally, Deutsche Bank reiterated a hold rating and issued a $98.00 price target on shares of Capital One Financial in a report on Monday, July 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. Capital One Financial presently has a consensus rating of Hold and a consensus target price of $104.67.
Shares of Capital One Financial stock traded up $1.92 during midday trading on Friday, hitting $95.17. The company had a trading volume of 2,462,465 shares, compared to its average volume of 2,327,287. The stock has a market cap of $43.26 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 1.14 and a beta of 1.27. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.88. The company has a fifty day simple moving average of $90.72 and a 200 day simple moving average of $89.90. Capital One Financial has a 12-month low of $69.90 and a 12-month high of $98.62.
Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $3.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.87 by $0.45. The firm had revenue of $6.96 billion during the quarter, compared to analyst estimates of $7.19 billion. Capital One Financial had a net margin of 16.84% and a return on equity of 10.62%. Capital One Financial’s revenue was up .0% on a year-over-year basis. During the same period last year, the firm posted $3.12 EPS. As a group, analysts expect that Capital One Financial will post 11.61 EPS for the current year.
In other news, Director Bradford H. Warner sold 3,777 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $91.68, for a total transaction of $346,275.36. Following the sale, the director now owns 43,207 shares of the company’s stock, valued at approximately $3,961,217.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.43% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently modified their holdings of the company. Crestline Management LP purchased a new position in Capital One Financial in the 2nd quarter valued at $1,932,000. Bridges Investment Management Inc. raised its holdings in shares of Capital One Financial by 3.1% during the 2nd quarter. Bridges Investment Management Inc. now owns 385,247 shares of the financial services provider’s stock worth $34,958,000 after acquiring an additional 11,726 shares during the period. Calamos Advisors LLC raised its holdings in shares of Capital One Financial by 3.4% during the 2nd quarter. Calamos Advisors LLC now owns 428,670 shares of the financial services provider’s stock worth $38,897,000 after acquiring an additional 14,052 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Capital One Financial by 2.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,497,321 shares of the financial services provider’s stock worth $317,347,000 after acquiring an additional 95,246 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in shares of Capital One Financial by 9.8% during the 2nd quarter. Janus Henderson Group PLC now owns 134,899 shares of the financial services provider’s stock worth $12,243,000 after acquiring an additional 12,057 shares during the period. 88.89% of the stock is currently owned by institutional investors and hedge funds.
Capital One Financial Company Profile
Capital One Financial Corporation operates as the bank 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, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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