UBS Group Issues Positive Forecast for Capital One Financial (NYSE:COF) Stock Price

Capital One Financial (NYSE:COF) had its target price lifted by equities researchers at UBS Group from $270.00 to $275.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. UBS Group’s target price suggests a potential upside of 33.05% from the company’s current price.

Several other equities analysts have also recently commented on the stock. Wells Fargo & Company dropped their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Piper Sandler began coverage on Capital One Financial in a research report on Monday, June 29th. They set an “overweight” rating and a $254.00 price target for the company. BTIG Research boosted their price objective on Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Truist Financial reduced their price objective on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, TD Cowen decreased their target price on Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $260.43.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $206.69 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The stock has a market cap of $128.62 billion, a PE ratio of 72.55, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02. The stock’s fifty day simple moving average is $191.12 and its two-hundred day simple moving average is $204.59. Capital One Financial has a 1-year low of $174.24 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same period in the previous year, the business earned $4.06 earnings per share. The firm’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, analysts forecast that Capital One Financial will post 19.53 EPS for the current fiscal year.

Insider Buying and Selling

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the transaction, the general counsel owned 97,194 shares in the company, valued at $17,876,892.42. This represents a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.78% of the stock is owned by insiders.

Institutional Investors Weigh In On Capital One Financial

Large investors have recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. raised its stake in shares of Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in Capital One Financial during the 4th quarter valued at about $27,000. Cherry Tree Wealth Management LLC increased its holdings in Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 105 shares during the period. Ballast Advisors LLC bought a new position in Capital One Financial during the 1st quarter valued at approximately $27,000. Finally, Strive Asset Management LLC purchased a new stake in Capital One Financial in the 3rd quarter worth approximately $28,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.