Capital One Financial (NYSE:COF) Stock Price Target Cut by TD Cowen

Capital One Financial (NYSE:COF) had its target price lowered by equities research analysts at TD Cowen from $253.00 to $242.00 in a report released on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s price objective would indicate a potential upside of 23.54% from the stock’s current price.

A number of other research firms have also commented on COF. UBS Group lifted their price objective on Capital One Financial from $275.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Weiss Ratings raised shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Barclays dropped their price target on shares of Capital One Financial from $240.00 to $237.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price objective for the company from $226.00 to $229.00 in a research note on Sunday, July 12th. Twenty equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.77.

Capital One Financial Stock Up 0.0%

Shares of NYSE:COF opened at $195.89 on Tuesday. The firm has a market cap of $120.17 billion, a P/E ratio of 12.12, a P/E/G ratio of 0.72 and a beta of 1.04. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial has a 12-month low of $174.24 and a 12-month high of $259.64. The business has a fifty day simple moving average of $210.58 and a 200 day simple moving average of $199.53.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same period in the previous year, the business earned $5.48 EPS. Analysts predict that Capital One Financial will post 20.32 earnings per share for the current year.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. This represents a 26.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the sale, the insider directly owned 63,261 shares of the company’s stock, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 33,850 shares of company stock valued at $7,167,152. 0.78% of the stock is owned by insiders.

Institutional Investors Weigh In On Capital One Financial

A number of large investors have recently bought and sold shares of COF. Venture Visionary Partners LLC increased its stake in Capital One Financial by 14.4% in the third quarter. Venture Visionary Partners LLC now owns 65,863 shares of the financial services provider’s stock valued at $12,716,000 after purchasing an additional 8,299 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Capital One Financial by 115.6% during the 3rd quarter. Elevation Wealth Partners LLC now owns 552 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 296 shares in the last quarter. Retirement Wealth Solutions LLC boosted its position in shares of Capital One Financial by 1,650.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 210 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 198 shares in the last quarter. Elm3 Financial Group LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at about $505,000. Finally, Bank & Trust Co grew its stake in shares of Capital One Financial by 2.0% in the 3rd quarter. Bank & Trust Co now owns 5,216 shares of the financial services provider’s stock valued at $989,000 after buying an additional 104 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial News Summary

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: TD Cowen maintains a “buy” rating: The firm lowered its price target to $242 from $253 but still sees substantial potential upside from recent levels. The continued buy rating provides support ahead of Capital One’s third-quarter results. Capital One Financial Price Target Cut to $242.00 by Analysts at TD Cowen
• Positive Sentiment: Capital One ranks highly for banking artificial intelligence adoption: Capital One placed second in the Evident AI banking index, suggesting the company is advancing its use of artificial intelligence and could gain efficiency or competitive advantages as adoption accelerates across the industry. JPMorgan tops Evident AI banking index for fifth straight year
• Neutral Sentiment: The Discover transaction remains a valuation catalyst: Commentary suggests the acquisition could materially reprice COF shares, but the ultimate effect depends on integration, financing, regulatory developments and the deal’s impact on earnings. Capital One: The Discover Deal Could Reprice The Stock
• Negative Sentiment: Money-laundering compliance remains a regulatory risk: Capital One previously paid $390 million over alleged failures to identify suspicious transactions. The article highlights the broader risk that banks may face legal or regulatory consequences both for missing suspicious activity and for closing accounts after detecting it, potentially increasing compliance costs and litigation exposure. Banks Got Punished for Missing Money Laundering. Now They Get Punished for Catching It
• Negative Sentiment: General Counsel Matthew Cooper sold shares: Cooper sold 3,500 shares worth approximately $686,770, reducing his holdings by 4.21%. However, the transaction was executed under a pre-arranged Rule 10b5-1 plan, which makes it a weaker bearish signal than a discretionary sale. SEC insider transaction filing

Capital One Financial Company Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.