Capital One Financial (NYSE:COF) Stock Price Expected to Rise, TD Cowen Analyst Says

Capital One Financial (NYSE:COF) had its price target hoisted by TD Cowen from $258.00 to $261.00 in a note issued to investors on Monday,MarketScreener reports. The firm presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s target price would suggest a potential upside of 21.36% from the stock’s current price.

A number of other brokerages also recently commented on COF. Morgan Stanley boosted their target price on shares of Capital One Financial from $261.00 to $267.00 and gave the stock an “overweight” rating in a report on Monday, September 29th. Royal Bank Of Canada upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Capital One Financial from $215.00 to $224.00 and gave the company a “hold” rating in a report on Thursday. Truist Financial increased their price target on shares of Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Finally, Barclays increased their price target on shares of Capital One Financial from $253.00 to $257.00 and gave the stock an “overweight” rating in a report on Monday. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $249.44.

View Our Latest Stock Analysis on Capital One Financial

Capital One Financial Stock Up 0.3%

NYSE:COF opened at $215.06 on Monday. Capital One Financial has a 1-year low of $143.22 and a 1-year high of $232.45. The company has a 50-day moving average of $219.30 and a 200 day moving average of $201.35. The firm has a market cap of $137.53 billion, a PE ratio of 110.49, a price-to-earnings-growth ratio of 0.79 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion during the quarter, compared to analysts’ expectations of $12.72 billion. During the same period last year, the company earned $3.14 earnings per share. The firm’s revenue was up 31.4% compared to the same quarter last year. As a group, research analysts anticipate that Capital One Financial will post 15.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider owned 68,707 shares in the company, valued at $15,655,577.02. This trade represents a 12.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,298 shares of company stock worth $5,103,824. Corporate insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

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

Capital One Financial Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Capital One Financial (NYSE:COF)

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.