Capital One Financial (NYSE:COF) Price Target Raised to $220.00 at Barclays

Capital One Financial (NYSE:COF) had its price objective hoisted by research analysts at Barclays from $219.00 to $220.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock. Barclays‘s price objective would indicate a potential upside of 13.74% from the stock’s current price.

Several other research firms have also recently commented on COF. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their price target for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Wells Fargo & Company increased their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Truist Financial began coverage on Capital One Financial in a report on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective on the stock. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $188.12.

Capital One Financial Stock Up 1.3 %

COF opened at $193.42 on Wednesday. The stock has a market capitalization of $73.74 billion, a P/E ratio of 18.26, a price-to-earnings-growth ratio of 1.23 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial has a one year low of $128.23 and a one year high of $198.30. The business’s 50-day simple moving average is $183.84 and its 200-day simple moving average is $160.98.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.81 earnings per share. Analysts anticipate that Capital One Financial will post 13.53 EPS for the current year.

Insider Buying and Selling

In other Capital One Financial news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the transaction, the insider now directly owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently modified their holdings of COF. Decker Retirement Planning Inc. bought a new position in Capital One Financial during the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV boosted its position in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 166 shares during the last quarter. Eastern Bank bought a new position in Capital One Financial in the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial in the third quarter valued at about $47,000. 89.84% 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, 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.