Capital One Financial (NYSE:COF) PT Raised to $154.00

Capital One Financial (NYSE:COF) had its target price boosted by Piper Sandler from $148.00 to $154.00 in a report released on Thursday, The Fly reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Piper Sandler’s price objective points to a potential upside of 15.82% from the company’s current price.

COF has been the topic of several other reports. BMO Capital Markets raised their price target on Capital One Financial from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 27th. Morgan Stanley raised their price target on Capital One Financial from $144.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 1st. Stephens assumed coverage on Capital One Financial in a research report on Thursday, December 10th. They issued an “equal weight” rating on the stock. Deutsche Bank Aktiengesellschaft raised their price target on Capital One Financial from $123.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, January 28th. Finally, Wells Fargo & Company raised their price target on Capital One Financial from $120.00 to $143.00 and gave the stock an “overweight” rating in a research report on Thursday, March 11th. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $124.00.

NYSE COF opened at $132.97 on Thursday. The stock has a fifty day moving average of $126.29 and a 200-day moving average of $100.21. The stock has a market capitalization of $60.72 billion, a P/E ratio of 66.49, a price-to-earnings-growth ratio of 1.20 and a beta of 1.72. Capital One Financial has a 52 week low of $49.41 and a 52 week high of $134.70. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.91 and a current ratio of 0.92.

Capital One Financial (NYSE:COF) last released its earnings results on Monday, January 25th. The financial services provider reported $5.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.85 by $2.44. Capital One Financial had a return on equity of 3.05% and a net margin of 4.08%. The company had revenue of $7.34 billion during the quarter, compared to analysts’ expectations of $6.92 billion. During the same period last year, the firm earned $2.49 EPS. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. Equities research analysts forecast that Capital One Financial will post 3.09 earnings per share for the current fiscal year.

In other Capital One Financial news, insider John G. Finneran, Jr. sold 45,527 shares of Capital One Financial stock in a transaction dated Monday, March 8th. The stock was sold at an average price of $129.34, for a total value of $5,888,462.18. Following the sale, the insider now owns 57,833 shares of the company’s stock, valued at approximately $7,480,120.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank G. LapradeIii sold 39,909 shares of Capital One Financial stock in a transaction dated Thursday, March 4th. The shares were sold at an average price of $124.80, for a total value of $4,980,643.20. Following the completion of the sale, the insider now directly owns 88,676 shares in the company, valued at approximately $11,066,764.80. The disclosure for this sale can be found here. Insiders own 1.47% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kinloch Capital LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $25,000. SOA Wealth Advisors LLC. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $25,000. Annapolis Financial Services LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $30,000. Regent Peak Wealth Advisors LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at about $30,000. Finally, Oder Investment Management LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at about $42,000. 89.60% of the stock is currently owned by hedge funds and other institutional investors.

About Capital One Financial

Capital One Financial Corporation operates as the financial services 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, Canada, and the United Kingdom. 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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