Capital One Financial (NYSE:COF) Price Target Raised to $256.00

Capital One Financial (NYSE:COF) had its price objective upped by investment analysts at JPMorgan Chase & Co. from $237.00 to $256.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 9.69% from the stock’s previous close.

Several other research analysts have also commented on COF. Barclays raised their price objective on shares of Capital One Financial from $271.00 to $294.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Jefferies Financial Group lifted their target price on Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Zacks Research lowered Capital One Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Capital One Financial in a research report on Monday, December 29th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $300.00 target price on shares of Capital One Financial in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and a consensus target price of $278.20.

Capital One Financial Trading Down 6.3%

COF stock traded down $15.82 during mid-day trading on Monday, hitting $233.38. 9,072,728 shares of the company were exchanged, compared to its average volume of 4,565,565. Capital One Financial has a 12-month low of $143.22 and a 12-month high of $259.64. The firm has a market capitalization of $148.37 billion, a P/E ratio of 98.45, a PEG ratio of 0.57 and a beta of 1.13. The business has a fifty day simple moving average of $230.47 and a 200-day simple moving average of $222.26. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The firm had revenue of $15.46 billion for the quarter. On average, equities research analysts predict 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 Ravi Raghu sold 13,450 shares of Capital One Financial stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the transaction, the insider owned 30,337 shares of the company’s stock, valued at $7,584,250. The trade was a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $250.00, for a total value of $500,000.00. Following the completion of the sale, the general counsel owned 92,486 shares of the company’s stock, valued at approximately $23,121,500. This represents a 2.12% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 298,895 shares of company stock worth $67,111,541. 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 modified their holdings of the business. Moisand Fitzgerald Tamayo LLC raised its holdings 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 valued at $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its position 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 worth $26,000 after acquiring an additional 101 shares during the period. Atlantic Edge Private Wealth Management LLC lifted its position in Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 50 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Capital One Financial in the 2nd quarter valued at approximately $27,000. Finally, Solstein Capital LLC acquired a new position in shares of Capital One Financial in the second quarter valued at approximately $28,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.