Capital One Financial (NYSE:COF) Earns Buy Rating from BTIG Research

Capital One Financial (NYSE:COF)‘s stock had its “buy” rating reissued by BTIG Research in a research note issued on Wednesday,Benzinga reports. They presently have a $264.00 price objective on the financial services provider’s stock. BTIG Research’s price objective suggests a potential upside of 20.03% from the company’s current price.

Several other research analysts also recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Barclays increased their price objective on shares of Capital One Financial from $253.00 to $257.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Citigroup increased their price objective on shares of Capital One Financial from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. HSBC set a $218.00 price objective on shares of Capital One Financial and gave the company a “hold” rating in a research report on Friday, October 10th. Finally, Morgan Stanley increased their price objective on shares of Capital One Financial from $261.00 to $267.00 and gave the company an “overweight” rating in a research report on Monday, September 29th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $260.79.

Capital One Financial Trading Down 0.2%

Shares of NYSE COF opened at $219.94 on Wednesday. The firm’s 50 day moving average price is $219.19 and its 200-day moving average price is $204.75. The company has a market cap of $140.65 billion, a PE ratio of 92.80, a P/E/G ratio of 0.79 and a beta of 1.18. Capital One Financial has a 52-week low of $143.22 and a 52-week high of $232.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.02 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $1.70. The firm had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business’s revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.51 earnings per share. On average, equities research analysts expect that Capital One Financial will post 15.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer directly owned 8,987 shares in the company, valued at approximately $1,889,786.36. This trade represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider owned 27,364 shares in the company, valued at $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,184 shares of company stock worth $2,799,248. Company insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. WPG Advisers LLC bought a new stake in shares of Capital One Financial during the 1st quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC raised its position in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC raised its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares during the period. Saudi Central Bank bought a new stake in shares of Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $27,000. 89.84% of the stock is currently owned by institutional investors.

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.