Capital One Financial (NYSE:COF) Given “Hold” Rating at Deutsche Bank

Deutsche Bank reaffirmed their hold rating on shares of Capital One Financial (NYSE:COF) in a research note published on Monday morning, BenzingaRatingsTable reports. The brokerage currently has a $98.00 target price on the financial services provider’s stock.

A number of other research analysts also recently issued reports on COF. Jefferies Financial Group set a €50.00 ($58.14) target price on shares of Lanxess and gave the company a neutral rating in a research report on Tuesday, May 14th. Royal Bank of Canada set a $60.00 target price on shares of Masonite International and gave the company a buy rating in a research report on Friday, May 3rd. ValuEngine downgraded shares of W&T Offshore from a hold rating to a sell rating in a research report on Friday, April 26th. Finally, Zacks Investment Research upgraded shares of IMI PLC/S from a sell rating to a hold rating in a research report on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the stock. The company has an average rating of Hold and an average target price of $104.00.

Shares of NYSE:COF opened at $90.71 on Monday. Capital One Financial has a 12 month low of $69.90 and a 12 month high of $101.26. The stock’s 50-day moving average is $90.37. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.94. The company has a market cap of $42.34 billion, a price-to-earnings ratio of 8.34, a P/E/G ratio of 0.90 and a beta of 1.25.



Capital One Financial (NYSE:COF) last released its earnings results on Thursday, April 25th. The financial services provider reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.22. Capital One Financial had a net margin of 18.47% and a return on equity of 10.95%. The company had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.03 billion. During the same period in the prior year, the company posted $2.62 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. As a group, analysts expect that Capital One Financial will post 11.1 EPS for the current year.

In other Capital One Financial news, Director Bradford H. Warner sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $85.98, for a total transaction of $343,920.00. Following the sale, the director now directly owns 57,930 shares in the company, valued at approximately $4,980,821.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Bradford H. Warner sold 14,500 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $91.74, for a total transaction of $1,330,230.00. Following the sale, the director now owns 40,621 shares in the company, valued at $3,726,570.54. The disclosure for this sale can be found here. Insiders sold a total of 46,937 shares of company stock worth $4,272,897 over the last quarter. 1.43% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the business. LPL Financial LLC raised its stake in Capital One Financial by 9.7% during the fourth quarter. LPL Financial LLC now owns 20,466 shares of the financial services provider’s stock worth $1,547,000 after purchasing an additional 1,813 shares during the period. Massachusetts Financial Services Co. MA purchased a new position in Capital One Financial during the fourth quarter worth approximately $256,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Capital One Financial by 29.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,575 shares of the financial services provider’s stock worth $1,404,000 after purchasing an additional 4,219 shares during the period. Advisor Group Inc. raised its stake in Capital One Financial by 47.4% during the fourth quarter. Advisor Group Inc. now owns 24,683 shares of the financial services provider’s stock worth $1,866,000 after purchasing an additional 7,942 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of Capital One Financial by 2.0% in the 4th quarter. Van ECK Associates Corp now owns 6,868 shares of the financial services provider’s stock valued at $519,000 after acquiring an additional 132 shares during the period. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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