Capital One Financial’s (COF) “Overweight” Rating Reaffirmed at Barclays

Capital One Financial (NYSE:COF)‘s stock had its “overweight” rating reiterated by Barclays in a research note issued on Monday, Marketbeat Ratings reports. They presently have a $253.00 target price on the financial services provider’s stock, up from their prior target price of $212.00. Barclays‘s price objective would suggest a potential upside of 21.54% from the stock’s current price.

COF has been the topic of a number of other reports. Wells Fargo & Company boosted their price target on Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a report on Thursday, April 24th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Royal Bank Of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a “sector perform” rating in a research note on Monday, April 14th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price target on the stock in a research note on Wednesday, March 12th. Finally, Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $215.86.

Capital One Financial Stock Up 0.9%

Shares of COF stock opened at $208.16 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. Capital One Financial has a one year low of $128.23 and a one year high of $210.67. The company’s fifty day moving average price is $190.27 and its 200-day moving average price is $186.04. The company has a market capitalization of $79.76 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 0.96 and a beta of 1.13.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Sell-side analysts expect that Capital One Financial will post 15.65 EPS for the current fiscal year.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares in the company, valued at $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 9,560 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the transaction, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. This represents a 32.24% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

A number of large investors have recently bought and sold shares of the business. Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Capital One Financial during the fourth quarter worth $91,780,000. Janney Montgomery Scott LLC increased its stake in Capital One Financial by 9.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider’s stock worth $17,682,000 after buying an additional 8,651 shares during the period. Geode Capital Management LLC lifted its holdings in Capital One Financial by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock valued at $1,467,393,000 after buying an additional 207,427 shares in the last quarter. Westbourne Investments Inc. purchased a new stake in Capital One Financial in the 4th quarter valued at about $410,000. Finally, Lone Pine Capital LLC bought a new position in Capital One Financial in the 4th quarter worth about $577,012,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

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.