Evercore ISI Boosts Capital One Financial (NYSE:COF) Price Target to $184.00

Capital One Financial (NYSE:COF) had its price target upped by equities researchers at Evercore ISI from $163.00 to $184.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has an “in-line” rating on the financial services provider’s stock. Evercore ISI’s target price indicates a potential upside of 9.89% from the stock’s current price.

COF has been the topic of several other research reports. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Citigroup started coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Barclays boosted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Finally, Royal Bank of Canada raised their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Twelve analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $153.56.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $4.45 on Wednesday, hitting $167.44. The company had a trading volume of 763,781 shares, compared to its average volume of 2,466,992. The stock has a market cap of $63.66 billion, a price-to-earnings ratio of 13.10, a P/E/G ratio of 1.22 and a beta of 1.44. The stock has a 50 day moving average price of $148.70 and a 200 day moving average price of $143.23. Capital One Financial has a 1-year low of $99.37 and a 1-year high of $167.93. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the business posted $4.45 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Analysts expect that Capital One Financial will post 12.87 EPS for the current year.

Insider Transactions at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at $7,153,760. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Hedge funds have recently added to or reduced their stakes in the business. LRI Investments LLC bought a new position in shares of Capital One Financial during the first quarter valued at $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial in the second quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new stake in shares of Capital One Financial in the second quarter valued at about $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial during the third quarter worth about $36,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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.