Capital One Financial (NYSE:COF) Upgraded at UBS Group

Capital One Financial (NYSE:COF) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Monday. The brokerage currently has a $235.00 price target on the financial services provider’s stock, up from their prior price target of $168.00. UBS Group’s price objective would suggest a potential upside of 34.22% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $158.00 to $219.00 in a report on Monday, January 6th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Truist Financial started coverage on shares of Capital One Financial in a research report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective for the company. Finally, Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Eight analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $188.81.

Capital One Financial Stock Down 2.8 %

COF stock opened at $175.08 on Monday. Capital One Financial has a 12-month low of $123.23 and a 12-month high of $198.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The company has a market cap of $66.75 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.36 and a beta of 1.46. The company has a 50 day moving average of $182.88 and a two-hundred day moving average of $158.89.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the business posted $4.45 EPS. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities analysts anticipate that Capital One Financial will post 13.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Kara West sold 721 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC increased its position in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. Eminence Capital LP acquired a new stake in Capital One Financial during the 2nd quarter valued at approximately $127,465,000. International Assets Investment Management LLC acquired a new stake in Capital One Financial during the 4th quarter valued at approximately $130,683,000. Wellington Management Group LLP increased its position 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 valued at $146,052,000 after purchasing an additional 710,881 shares during the period. Finally, Southpoint Capital Advisors LP acquired a new stake in Capital One Financial during the 3rd quarter valued at approximately $104,811,000. Institutional investors own 89.84% of the company’s stock.

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.