Capital One Financial (NYSE:COF) was upgraded by equities researchers at Piper Sandler to a “strong-buy” rating in a report released on Monday,Zacks.com reports.
Several other equities analysts also recently issued reports on COF. BTIG Research lifted their price target on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a report on Wednesday, June 24th. Finally, Wells Fargo & Company decreased their price target on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $260.19.
Get Our Latest Report on Capital One Financial
Capital One Financial Trading Down 1.0%
Capital One Financial (NYSE:COF – Get Free Report) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.Capital One Financial’s quarterly revenue was up 52.3% compared to the same quarter last year. During the same quarter last year, the business earned $4.06 EPS. Equities analysts anticipate that Capital One Financial will post 19.51 earnings per share for the current fiscal year.
Insider Activity
In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.78% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Tompkins Financial Corp increased its stake in shares of Capital One Financial by 4.3% in the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after buying an additional 40 shares during the period. Focus Financial Network Inc. lifted its stake in shares of Capital One Financial by 2.8% during the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 43 shares during the period. First Command Advisory Services Inc. lifted its stake in shares of Capital One Financial by 4.5% during the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 46 shares during the period. Stephens Consulting LLC boosted its holdings in Capital One Financial by 10.3% in the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 47 shares during the last quarter. Finally, Dogwood Wealth Management LLC boosted its holdings in Capital One Financial by 26.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 47 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.
About Capital One Financial
Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.
Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.
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