Capital One Financial (NYSE:COF) Price Target Raised to $133.00

Capital One Financial (NYSE:COF) had its price objective lifted by BMO Capital Markets from $127.00 to $133.00 in a report issued on Monday, The Fly reports.

A number of other equities research analysts also recently issued reports on COF. Zacks Investment Research upgraded shares of Capital One Financial from a sell rating to a hold rating and set a $79.00 target price for the company in a research report on Wednesday, October 7th. Royal Bank of Canada increased their target price on shares of Capital One Financial from $72.00 to $82.00 and gave the stock a sector perform rating in a research report on Friday, October 23rd. Wolfe Research initiated coverage on shares of Capital One Financial in a research report on Friday, July 31st. They issued an outperform rating for the company. Morgan Stanley increased their target price on shares of Capital One Financial from $72.00 to $77.00 and gave the stock an equal weight rating in a research report on Friday, October 23rd. Finally, JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $72.00 to $86.50 and gave the stock an overweight rating in a research report on Friday, October 9th. Five equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Capital One Financial presently has a consensus rating of Buy and a consensus target price of $93.66.

Shares of NYSE:COF opened at $73.12 on Monday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.91 and a current ratio of 0.92. The company has a market cap of $33.39 billion, a PE ratio of 36.56 and a beta of 1.71. Capital One Financial has a 52 week low of $38.00 and a 52 week high of $107.59. The firm has a 50 day simple moving average of $74.80 and a 200 day simple moving average of $67.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $5.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.99 by $3.06. The business had revenue of $7.38 billion during the quarter, compared to the consensus estimate of $6.71 billion. Capital One Financial had a net margin of 4.08% and a return on equity of 3.05%. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.32 EPS. On average, equities analysts predict that Capital One Financial will post -0.93 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, November 9th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.55%. Capital One Financial’s payout ratio is presently 3.31%.

In other Capital One Financial news, CEO Richard D. Fairbank sold 32,796 shares of the firm’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $74.22, for a total value of $2,434,119.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Michael J. Wassmer sold 13,784 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $78.00, for a total transaction of $1,075,152.00. The disclosure for this sale can be found here. Insiders sold a total of 52,304 shares of company stock worth $3,904,857 over the last quarter. 1.47% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in COF. Ceredex Value Advisors LLC lifted its holdings in shares of Capital One Financial by 128.4% during the 2nd quarter. Ceredex Value Advisors LLC now owns 2,040,864 shares of the financial services provider’s stock worth $127,738,000 after acquiring an additional 1,147,464 shares during the period. MUFG Securities EMEA plc lifted its holdings in Capital One Financial by 768.1% during the 2nd quarter. MUFG Securities EMEA plc now owns 599,000 shares of the financial services provider’s stock valued at $37,491,000 after purchasing an additional 530,000 shares during the last quarter. Ensign Peak Advisors Inc lifted its holdings in Capital One Financial by 144.2% during the 2nd quarter. Ensign Peak Advisors Inc now owns 892,979 shares of the financial services provider’s stock valued at $55,890,000 after purchasing an additional 527,235 shares during the last quarter. Sound Shore Management Inc CT lifted its holdings in Capital One Financial by 38.4% during the 2nd quarter. Sound Shore Management Inc CT now owns 1,665,130 shares of the financial services provider’s stock valued at $104,220,000 after purchasing an additional 462,431 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd lifted its holdings in Capital One Financial by 22.7% during the 2nd quarter. ANTIPODES PARTNERS Ltd now owns 1,942,074 shares of the financial services provider’s stock valued at $121,554,000 after purchasing an additional 358,980 shares during the last quarter. 88.15% of the stock is owned by institutional investors.

About Capital One Financial

Capital One Financial Corporation operates as the financial services 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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