Capital One Financial (NYSE:COF) Price Target Raised to $210.00 at Wells Fargo & Company

Capital One Financial (NYSE:COF) had its price target increased by stock analysts at Wells Fargo & Company from $185.00 to $210.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the financial services provider's stock. Wells Fargo & Company's target price suggests a potential upside of 16.39% from the company's previous close.

COF has been the topic of a number of other research reports. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. Bank of America cut Capital One Financial from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Robert W. Baird lifted their price target on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Royal Bank of Canada upped their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research note on Friday, October 25th. Finally, Evercore ISI lifted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Capital One Financial has an average rating of "Hold" and a consensus target price of $174.31.

Capital One Financial Price Performance

NYSE:COF traded up $1.72 during trading hours on Friday, hitting $180.43. The company's stock had a trading volume of 1,886,737 shares, compared to its average volume of 1,839,819. Capital One Financial has a twelve month low of $123.23 and a twelve month high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a fifty day simple moving average of $180.94 and a 200-day simple moving average of $156.79. The company has a market capitalization of $68.84 billion, a P/E ratio of 17.04, a PEG ratio of 1.36 and a beta of 1.45.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $4.45 EPS. On average, analysts anticipate that Capital One Financial will post 13.54 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Kara West sold 721 shares of the company's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now directly owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm's stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company's stock, valued at $7,153,760. This trade represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,007 shares of company stock worth $4,982,647. 1.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Capital One Financial

A number of large investors have recently modified their holdings of COF. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial in the second quarter worth approximately $28,000. Catalyst Capital Advisors LLC bought a new stake in Capital One Financial during the third quarter worth $36,000. Creative Financial Designs Inc. ADV raised its position in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock valued at $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank bought a new position in Capital One Financial during the 3rd quarter valued at $44,000. Finally, Prospera Private Wealth LLC purchased a new position in Capital One Financial during the 3rd quarter worth $47,000. 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.