Capital One Financial Co. (NYSE:COF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Capital One Financial Co. (NYSE:COF) have been assigned an average recommendation of “Moderate Buy” from the nineteen ratings firms that are covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $196.31.

Several research analysts recently issued reports on COF shares. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Royal Bank of Canada upped their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Truist Financial upped their price target on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Finally, Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $203.00 to $200.00 in a research note on Monday, December 9th.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

A number of large investors have recently bought and sold shares of the company. Asset Management One Co. Ltd. boosted its holdings in shares of Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after buying an additional 7,331 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after buying an additional 17,825 shares in the last quarter. CWA Asset Management Group LLC bought a new position in shares of Capital One Financial in the third quarter valued at $1,649,000. Catalina Capital Group LLC grew its stake in shares of Capital One Financial by 8.1% in the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after buying an additional 121 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd grew its stake in shares of Capital One Financial by 36.8% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after buying an additional 3,000 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.5 %

Shares of NYSE COF opened at $206.93 on Friday. The firm’s 50-day simple moving average is $187.77 and its 200 day simple moving average is $165.89. The company has a market cap of $78.89 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $208.63.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 EPS. On average, research analysts expect that Capital One Financial will post 15.44 earnings per share for the current fiscal year.

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.