Capital One Financial (NYSE:COF) Now Covered by Citigroup

Research analysts at Citigroup assumed coverage on shares of Capital One Financial (NYSE:COF) in a research report issued on Friday, Benzinga reports. The brokerage set a “buy” rating and a $190.00 price target on the financial services provider’s stock. Citigroup’s target price points to a potential upside of 24.13% from the company’s previous close.

A number of other equities analysts have also recently weighed in on COF. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $165.00 in a research note on Thursday, June 6th. Bank of America raised their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. BTIG Research assumed coverage on Capital One Financial in a research report on Friday, June 7th. They issued a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. boosted their price target on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $147.21.

Capital One Financial Stock Up 0.0 %

COF traded up $0.02 during trading on Friday, hitting $153.07. The stock had a trading volume of 1,441,369 shares, compared to its average volume of 2,483,159. The company has a market capitalization of $58.20 billion, a PE ratio of 11.99, a PEG ratio of 1.08 and a beta of 1.44. Capital One Financial has a twelve month low of $88.23 and a twelve month high of $153.36. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a 50 day simple moving average of $142.28 and a two-hundred day simple moving average of $140.76.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter in the previous year, the business earned $3.52 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, research analysts predict that Capital One Financial will post 13.1 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company’s stock, valued at $11,060,100. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert M. Alexander sold 30,742 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Capital One Financial

Several large investors have recently bought and sold shares of the stock. Financial Security Advisor Inc. grew its position in shares of Capital One Financial by 2.4% during the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock worth $485,000 after acquiring an additional 75 shares during the last quarter. Valley National Advisers Inc. increased its stake in Capital One Financial by 0.5% in the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after purchasing an additional 75 shares during the period. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Capital One Financial by 11.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after buying an additional 75 shares during the last quarter. Smith Chas P & Associates PA Cpas boosted its stake in shares of Capital One Financial by 2.8% during the first quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock worth $421,000 after buying an additional 76 shares during the period. Finally, Marcum Wealth LLC grew its holdings in shares of Capital One Financial by 3.6% during the second quarter. Marcum Wealth LLC now owns 2,295 shares of the financial services provider’s stock worth $318,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

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.