Capital One Financial (NYSE:COF) Upgraded at TD Cowen

Capital One Financial (NYSE:COF) was upgraded by stock analysts at TD Cowen from a "hold" rating to a "buy" rating in a research report issued on Tuesday, Marketbeat Ratings reports. The firm currently has a $258.00 price target on the financial services provider's stock. TD Cowen's price objective would indicate a potential upside of 18.31% from the company's previous close.

Other analysts have also issued reports about the company. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a research note on Wednesday, March 12th. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a report on Tuesday, March 25th. Wells Fargo & Company boosted their price objective on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Truist Financial increased their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Barclays reiterated an "overweight" rating and issued a $253.00 target price (up previously from $212.00) on shares of Capital One Financial in a research note on Monday, June 23rd. Four equities research 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. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $218.67.

Capital One Financial Stock Performance

Shares of COF stock opened at $218.07 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 0.98. The firm has a market cap of $83.55 billion, a price-to-earnings ratio of 18.31, a P/E/G ratio of 0.93 and a beta of 1.15. Capital One Financial has a 52 week low of $128.23 and a 52 week high of $221.95. The firm's 50-day simple moving average is $197.07 and its two-hundred day simple moving average is $188.01.

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

Insider Activity at Capital One Financial

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

Hedge Funds Weigh In On Capital One Financial

A number of institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC increased 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 during the last quarter. SBI Securities Co. Ltd. purchased a new position in Capital One Financial in the 4th quarter worth approximately $32,000. Proficio Capital Partners LLC grew its stake in Capital One Financial by 27.0% in the 4th quarter. Proficio Capital Partners LLC now owns 2,556 shares of the financial services provider's stock worth $456,000 after buying an additional 544 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Capital One Financial in the 4th quarter worth $633,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Capital One Financial during the 4th quarter valued at $147,000. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.