Capital One Financial (NYSE:COF) Given New $259.00 Price Target at BTIG Research

Capital One Financial (NYSE:COF) had its price objective upped by stock analysts at BTIG Research from $224.00 to $259.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. BTIG Research’s target price points to a potential upside of 28.17% from the company’s previous close.

A number of other brokerages have also issued reports on COF. The Goldman Sachs Group dropped their price target on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Piper Sandler assumed coverage on shares of Capital One Financial in a research note on Monday. They set an “overweight” rating and a $254.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a research report on Wednesday, June 24th. Barclays upped their target price on shares of Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Finally, TD Cowen reduced their price target on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $260.19.

Capital One Financial Price Performance

Shares of NYSE COF opened at $202.07 on Tuesday. Capital One Financial has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The business has a 50 day moving average price of $191.11 and a two-hundred day moving average price of $205.58. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm has a market cap of $125.74 billion, a PE ratio of 70.90, a price-to-earnings-growth ratio of 0.73 and a beta of 1.03.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. During the same quarter in the prior year, the firm earned $4.06 earnings per share. Capital One Financial’s revenue for the quarter was up 52.3% compared to the same quarter last year. Sell-side analysts expect that Capital One Financial will post 19.51 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider directly owned 61,579 shares in the company, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the completion of the transaction, the insider owned 65,454 shares in the company, valued at approximately $12,148,916.94. The trade was a 2.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,040 shares of company stock valued at $1,498,615 over the last 90 days. 0.78% of the stock is owned by company insiders.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors and hedge funds have recently bought and sold shares of COF. Tompkins Financial Corp lifted 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 acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. increased its stake in 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 worth $380,000 after purchasing an additional 43 shares during the period. First Command Advisory Services Inc. increased its stake in Capital One Financial by 4.5% in the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 46 shares during the period. Stephens Consulting LLC lifted its position 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 purchasing an additional 47 shares during the last quarter. Finally, Dogwood Wealth Management LLC boosted its stake in shares of Capital One Financial by 26.0% during the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 47 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

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.