Capital One Financial (NYSE:COF) Price Target Raised to $253.00 at Barclays

Capital One Financial (NYSE:COF) had its target price boosted by stock analysts at Barclays from $212.00 to $253.00 in a report released on Monday,Benzinga reports. The brokerage currently has an "overweight" rating on the financial services provider's stock. Barclays's target price indicates a potential upside of 26.42% from the stock's previous close.

A number of other research firms have also weighed in on COF. Bank of America boosted their target price on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Citigroup decreased their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a report on Wednesday, March 12th. Finally, BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target for the company in a report on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $213.00.

Capital One Financial Stock Up 0.9%

Shares of COF traded up $1.76 during midday trading on Monday, reaching $200.13. 371,643 shares of the stock were exchanged, compared to its average volume of 3,557,211. The company has a market cap of $76.68 billion, a price-to-earnings ratio of 16.81, a P/E/G ratio of 0.84 and a beta of 1.13. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $210.67. The firm has a 50 day simple moving average of $187.67 and a 200-day simple moving average of $185.65.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. Research analysts forecast that Capital One Financial will post 15.65 EPS for the current year.

Insider Transactions at Capital One Financial

In related news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.26% of the company's stock.

Institutional Investors Weigh In On Capital One Financial

Several large investors have recently made changes to their positions in COF. Brighton Jones LLC lifted its position in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock worth $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Wealthspire Advisors LLC lifted its position in Capital One Financial by 38.3% during the 4th quarter. Wealthspire Advisors LLC now owns 6,999 shares of the financial services provider's stock worth $1,248,000 after buying an additional 1,938 shares in the last quarter. Howard Capital Management Inc. lifted its position in Capital One Financial by 5.4% during the 4th quarter. Howard Capital Management Inc. now owns 2,481 shares of the financial services provider's stock worth $442,000 after buying an additional 126 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Capital One Financial by 3.1% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 72,109 shares of the financial services provider's stock worth $12,858,000 after buying an additional 2,200 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd grew its holdings in shares of Capital One Financial by 25.1% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 17,464 shares of the financial services provider's stock valued at $3,114,000 after acquiring an additional 3,505 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

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.

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