HSBC Issues Pessimistic Forecast for Capital One Financial (NYSE:COF) Stock Price

Capital One Financial (NYSE:COF) had its price objective cut by investment analysts at HSBC from $234.00 to $226.00 in a report released on Tuesday,MarketScreener reports. The brokerage presently has a “hold” rating on the financial services provider’s stock. HSBC’s price target suggests a potential downside of 4.06% from the stock’s current price.

A number of other research analysts have also recently issued reports on COF. Jefferies Financial Group lifted their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Capital One Financial from $240.00 to $263.00 and gave the company a “hold” rating in a research report on Wednesday, December 17th. Zacks Research downgraded shares of Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a research report on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $279.00.

Capital One Financial Price Performance

COF stock opened at $235.57 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The company’s 50-day moving average is $232.39 and its 200-day moving average is $223.14. The stock has a market capitalization of $149.76 billion, a PE ratio of 99.11, a price-to-earnings-growth ratio of 0.55 and a beta of 1.13. Capital One Financial has a 1 year low of $143.22 and a 1 year high of $259.64.

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

Insider Transactions at Capital One Financial

In related news, CEO Richard D. Fairbank sold 103,487 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total value of $22,837,511.16. Following the completion of the transaction, the chief executive officer directly owned 4,001,228 shares in the company, valued at approximately $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lia Dean sold 3,269 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the transaction, the insider owned 69,855 shares in the company, valued at $15,238,868.25. This trade represents a 4.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 298,895 shares of company stock valued at $67,111,541. Corporate insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds have recently made changes to their positions in COF. Tompkins Financial Corp lifted its stake in Capital One Financial by 4.3% in the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock worth $237,000 after purchasing an additional 40 shares during the last quarter. Focus Financial Network Inc. lifted its stake in shares of Capital One Financial by 2.8% in the 4th 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 last quarter. Mather Group LLC. grew its position in Capital One Financial by 1.0% during the 3rd quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after acquiring an additional 47 shares during the last quarter. Stephens Consulting LLC increased its stake in Capital One Financial by 10.3% in the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 47 shares during the period. Finally, Nicolet Advisory Services LLC lifted its position in Capital One Financial by 0.7% in the third quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock valued at $1,506,000 after purchasing an additional 48 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Company Profile

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.