Capital One Financial (NYSE:COF) Price Target Raised to $290.00

Capital One Financial (NYSE:COF) had its price objective lifted by research analysts at TD Cowen from $261.00 to $290.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s price target indicates a potential upside of 13.16% from the stock’s current price.

Several other equities research analysts also recently weighed in on COF. Jefferies Financial Group increased their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. BTIG Research upped their price target on shares of Capital One Financial from $264.00 to $308.00 and gave the company a “buy” rating in a report on Friday, December 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a research report on Tuesday. Zacks Research lowered Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Finally, Barclays increased their price target on Capital One Financial from $271.00 to $294.00 and gave the stock an “overweight” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $276.25.

Read Our Latest Report on COF

Capital One Financial Trading Up 1.2%

Shares of NYSE:COF traded up $3.03 during trading on Thursday, hitting $256.28. The company had a trading volume of 1,277,289 shares, compared to its average volume of 3,318,840. The stock has a market cap of $162.92 billion, a price-to-earnings ratio of 108.13, a price-to-earnings-growth ratio of 0.58 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The company has a fifty day simple moving average of $229.14 and a two-hundred day simple moving average of $221.49. Capital One Financial has a one year low of $143.22 and a one year high of $259.64.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The company had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. As a group, equities analysts forecast that Capital One Financial will post 15.65 earnings per share for the current year.

Insider Buying and Selling at Capital One Financial

In related news, insider Lia Dean sold 3,163 shares of Capital One Financial stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $244.35, for a total value of $772,879.05. Following the completion of the sale, the insider directly owned 66,692 shares in the company, valued at $16,296,190.20. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Celia Karam sold 2,064 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $244.35, for a total transaction of $504,338.40. Following the completion of the sale, the insider directly owned 61,373 shares of the company’s stock, valued at approximately $14,996,492.55. This trade represents a 3.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 296,895 shares of company stock worth $66,611,541 over the last quarter. Insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Several large investors have recently modified their holdings of COF. Kingstone Capital Partners Texas LLC increased its position in Capital One Financial by 588,668.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after buying an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Capital One Financial by 0.3% during the third quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock worth $12,018,671,000 after acquiring an additional 156,254 shares during the last quarter. State Street Corp increased its holdings in shares of Capital One Financial by 63.4% during the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after acquiring an additional 10,776,843 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Capital One Financial by 64.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after purchasing an additional 5,474,328 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Capital One Financial by 12.8% in the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after purchasing an additional 1,339,215 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

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About Capital One Financial

(Get Free Report)

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

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