Capital One Financial (NYSE:COF) Stock Price Expected to Rise, Barclays Analyst Says

Capital One Financial (NYSE:COF) had its price objective boosted by Barclays from $219.00 to $220.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Barclays‘s price objective would indicate a potential upside of 7.77% from the company’s previous close.

A number of other research analysts have also recently weighed in on the stock. Evercore ISI lifted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. The Goldman Sachs Group upped their price objective on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Truist Financial started coverage on Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 target price on the stock. Finally, Keefe, Bruyette & Woods upped their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Ten equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average price target of $190.47.

Capital One Financial Stock Performance

NYSE:COF opened at $204.14 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a 50-day simple moving average of $184.29 and a two-hundred day simple moving average of $161.66. The firm has a market capitalization of $77.82 billion, a PE ratio of 17.61, a P/E/G ratio of 1.24 and a beta of 1.46. Capital One Financial has a 52-week low of $128.23 and a 52-week high of $207.24.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.50% and a net margin of 9.46%. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10,220,675.12 billion. During the same period in the previous year, the company posted $2.81 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. Analysts forecast that Capital One Financial will post 15.22 EPS for the current year.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kara West sold 721 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,256 shares of company stock valued at $2,462,487 over the last ninety days. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial during the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial in the third quarter worth $36,000. Creative Financial Designs Inc. ADV lifted its position in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial during the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Capital One Financial in the third quarter worth about $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

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.