Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Capital One Financial (NYSE:COF) Stock

Capital One Financial (NYSE:COF) had its price objective boosted by investment analysts at Deutsche Bank Aktiengesellschaft from $240.00 to $263.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm currently has a “hold” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 8.16% from the company’s previous close.

Several other equities research analysts also recently issued reports on the company. Robert W. Baird increased their target price on Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Barclays increased their price objective on Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. BTIG Research restated a “buy” rating and issued a $264.00 target price on shares of Capital One Financial in a research note on Wednesday, October 22nd. Jefferies Financial Group upped their price target on Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Zacks Research downgraded shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $264.25.

Capital One Financial Trading Up 0.6%

Shares of Capital One Financial stock opened at $243.16 on Wednesday. The stock has a market capitalization of $154.58 billion, a P/E ratio of 102.88, a P/E/G ratio of 0.57 and a beta of 1.16. Capital One Financial has a 52-week low of $143.22 and a 52-week high of $243.62. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The stock’s 50-day simple moving average is $218.88 and its 200 day simple moving average is $215.97.

Capital One Financial (NYSE:COF) last posted its earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The firm had revenue of $15.46 billion during the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. As a group, research analysts anticipate that Capital One Financial will post 15.65 EPS for the current year.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $221.54, for a total value of $443,080.00. Following the completion of the transaction, the general counsel owned 94,486 shares of the company’s stock, valued at $20,932,428.44. The trade was a 2.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the sale, the insider directly owned 48,315 shares of the company’s stock, valued at $10,727,379.45. This represents a 26.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 280,218 shares of company stock valued at $62,395,804 over the last quarter. Company insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

Several institutional investors have recently modified their holdings of COF. Kingstone Capital Partners Texas LLC grew its position in Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after acquiring an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Capital One Financial by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock valued at $12,018,671,000 after purchasing an additional 156,254 shares in the last quarter. State Street Corp boosted its stake in shares of Capital One Financial by 63.4% in the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after purchasing an additional 10,776,843 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Capital One Financial by 64.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after purchasing an additional 5,474,328 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in Capital One Financial by 12.8% in the 3rd quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after purchasing an additional 1,339,215 shares during the period. 89.84% of the stock is currently owned by institutional investors.

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.