Capital One Financial (NYSE:COF) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Capital One Financial (NYSE:COF) had its price target increased by JPMorgan Chase & Co. from $210.00 to $245.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a "neutral" rating on the financial services provider's stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 11.10% from the company's previous close.

A number of other brokerages have also recently weighed in on COF. Truist Financial raised their price target on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, April 25th. Barclays restated an "overweight" rating and issued a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a research report on Monday, June 23rd. Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. TD Cowen upgraded Capital One Financial from a "hold" rating to a "buy" rating and raised their price target for the company from $184.00 to $258.00 in a research report on Tuesday. Finally, Keefe, Bruyette & Woods raised their price target on Capital One Financial from $232.00 to $248.00 and gave the company an "outperform" rating in a research report on Wednesday. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $222.07.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $0.22 during mid-day trading on Friday, hitting $220.52. 1,287,879 shares of the company were exchanged, compared to its average volume of 3,610,681. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65. The stock has a 50 day simple moving average of $199.33 and a 200-day simple moving average of $188.71. Capital One Financial has a 1-year low of $128.23 and a 1-year high of $221.95. The firm has a market cap of $84.49 billion, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 0.92 and a beta of 1.15.

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

Insider Buying and Selling

In other Capital One Financial news, Director Ann F. Hackett sold 1,658 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the transaction, the director directly owned 56,244 shares of the company's stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the sale, the insider owned 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Eagle Bay Advisors LLC raised its holdings in Capital One Financial by 3.6% in the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider's stock valued at $299,000 after acquiring an additional 49 shares in the last quarter. TFB Advisors LLC raised its holdings in Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider's stock valued at $276,000 after acquiring an additional 51 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of Capital One Financial by 0.9% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider's stock worth $1,097,000 after purchasing an additional 53 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock worth $936,000 after purchasing an additional 54 shares during the period. Finally, Family Legacy Inc. raised its holdings in shares of Capital One Financial by 0.8% during the fourth quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider's stock worth $1,438,000 after purchasing an additional 60 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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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