Capital One Financial (NYSE:COF) Upgraded at Wall Street Zen

Capital One Financial (NYSE:COF) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Friday.

Other equities research analysts have also issued reports about the stock. Bank of America upped their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Barclays reaffirmed an "overweight" rating and issued a $253.00 price target (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Wells Fargo & Company upped their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Truist Financial upped their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $210.00 to $245.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $222.07.

Capital One Financial Stock Up 0.1%

Shares of COF stock traded up $0.26 during trading hours on Friday, reaching $218.26. 3,106,854 shares of the company's stock were exchanged, compared to its average volume of 3,623,904. The stock's 50 day moving average is $202.98 and its 200-day moving average is $190.27. The company has a market cap of $83.62 billion, a price-to-earnings ratio of 18.33, a P/E/G ratio of 0.91 and a beta of 1.15. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65. Capital One Financial has a fifty-two week low of $128.23 and a fifty-two week high of $221.95.

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 analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. Analysts predict that Capital One Financial will post 15.65 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Hedge Funds Weigh In On Capital One Financial

Institutional investors have recently modified their holdings of the business. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock worth $26,000 after acquiring an additional 62 shares in the last quarter. Signature Resources Capital Management LLC acquired a new position in shares of Capital One Financial in the second quarter worth $28,000. WPG Advisers LLC acquired a new position in shares of Capital One Financial in the first quarter worth $25,000. Saudi Central Bank acquired a new position in shares of Capital One Financial in the first quarter worth $27,000. Finally, First United Bank & Trust purchased a new stake in shares of Capital One Financial during the 2nd quarter worth $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

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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