Truist Financial Raises Capital One Financial (NYSE:COF) Price Target to $257.00

Capital One Financial (NYSE:COF) had its target price boosted by stock analysts at Truist Financial from $229.00 to $257.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. Truist Financial’s price target points to a potential upside of 27.52% from the stock’s previous close.

Other analysts also recently issued reports about the company. Robert W. Baird raised 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. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Evercore ISI upped their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. raised their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $192.12.

Capital One Financial Trading Down 1.0 %

COF stock traded down $1.99 during trading on Monday, reaching $201.54. 708,668 shares of the stock were exchanged, compared to its average volume of 3,491,972. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $76.83 billion, a price-to-earnings ratio of 17.39, a P/E/G ratio of 1.29 and a beta of 1.46. The business has a 50 day moving average price of $185.08 and a 200-day moving average price of $162.79. Capital One Financial has a 1 year low of $128.23 and a 1 year high of $207.24.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm 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 9.46% and a return on equity of 9.45%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.81 EPS. On average, research analysts predict that Capital One Financial will post 15.22 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 10,541 shares of the business’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 directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,256 shares of company stock worth $2,462,487. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors have recently modified their holdings of the business. Grove Bank & Trust raised its stake in shares of Capital One Financial by 7.0% during the fourth quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock worth $174,000 after purchasing an additional 64 shares during the last quarter. Cerro Pacific Wealth Advisors LLC raised its position in Capital One Financial by 1.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock worth $1,045,000 after buying an additional 64 shares during the last quarter. Prossimo Advisors LLC lifted its stake in shares of Capital One Financial by 2.4% in the 3rd quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after acquiring an additional 65 shares during the period. City Holding Co. boosted its holdings in shares of Capital One Financial by 1.3% in the fourth quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock valued at $893,000 after acquiring an additional 65 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in shares of Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares during the period. 89.84% of the stock is 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.