Keefe, Bruyette & Woods Increases Capital One Financial (NYSE:COF) Price Target to $248.00

Capital One Financial (NYSE:COF) had its target price increased by equities research analysts at Keefe, Bruyette & Woods from $232.00 to $248.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an "outperform" rating on the financial services provider's stock. Keefe, Bruyette & Woods' price target would suggest a potential upside of 13.49% from the company's previous close.

A number of other research analysts also recently weighed in on COF. Barclays restated an "overweight" rating and set a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Baird R W upgraded shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Wells Fargo & Company lifted 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. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $183.00 to $210.00 and gave the stock a "neutral" rating in a report on Thursday, June 26th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $219.73.

Capital One Financial Trading Up 0.5%

Shares of Capital One Financial stock traded up $1.03 during mid-day trading on Wednesday, hitting $218.53. The stock had a trading volume of 1,472,017 shares, compared to its average volume of 3,603,790. 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 firm has a market cap of $83.73 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 0.92 and a beta of 1.15. The firm has a 50-day moving average of $197.76 and a two-hundred day moving average of $188.22. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $221.95.

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 EPS for the quarter, topping the consensus estimate 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 business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Sell-side 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 Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the 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 transaction, the insider directly owned 20,089 shares of the company's stock, valued at $4,005,746.60. This represents a 32.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 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. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Institutional Investors Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in shares of Capital One Financial in the 4th quarter worth $590,279,000. Lone Pine Capital LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth approximately $577,012,000. Diamond Hill Capital Management Inc. purchased a new position in Capital One Financial during the first quarter valued at approximately $381,848,000. Egerton Capital UK LLP purchased a new position in shares of Capital One Financial during the fourth quarter valued at about $279,159,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Capital One Financial by 45.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider's stock valued at $838,609,000 after acquiring an additional 1,454,595 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

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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