Capital One Financial (NYSE:COF) had its target price upped by stock analysts at Truist Financial from $225.00 to $260.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the financial services provider's stock. Truist Financial's target price points to a potential upside of 21.89% from the company's current price.
COF has been the subject of a number of other reports. Keefe, Bruyette & Woods upped their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Royal Bank Of Canada increased their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 23rd. Barclays reissued an "overweight" rating and set a $253.00 price target (up from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Bank of America increased their price target on shares of Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Finally, TD Cowen raised shares of Capital One Financial from a "hold" rating to a "buy" rating and increased their price target for the stock from $184.00 to $258.00 in a report on Tuesday, July 8th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average target price of $235.40.
Read Our Latest Stock Analysis on Capital One Financial
Capital One Financial Stock Up 0.2%
Shares of COF stock traded up $0.46 on Monday, reaching $213.31. 1,874,221 shares of the stock were exchanged, compared to its average volume of 4,526,437. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47. The business's 50 day moving average price is $204.67 and its 200 day moving average price is $191.63. The company has a market capitalization of $81.73 billion, a price-to-earnings ratio of 109.49, a PEG ratio of 0.85 and a beta of 1.15. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $232.45.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the prior year, the company earned $3.14 EPS. The business's revenue was up 31.4% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial will post 15.65 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Capital One Financial news, insider Michael Zamsky sold 9,560 shares of the 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert M. Alexander sold 10,114 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $227.86, for a total transaction of $2,304,576.04. Following the transaction, the insider directly owned 68,707 shares in the company, valued at approximately $15,655,577.02. This represents a 12.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,332 shares of company stock valued at $4,540,285 over the last quarter. Company insiders own 1.26% of the company's stock.
Hedge Funds Weigh In On Capital One Financial
A number of hedge funds have recently made changes to their positions in COF. WPG Advisers LLC acquired a new stake in Capital One Financial during the 1st quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC grew its holdings in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC grew its holdings in Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Saudi Central Bank acquired a new stake in Capital One Financial during the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial during the 2nd quarter worth $27,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
About Capital One Financial
(
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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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