Capital One Financial (COF) Earns Buy Rating from Barclays

Capital One Financial (NYSE:COF)‘s stock had its “buy” rating reissued by Barclays in a report issued on Monday.

Other equities analysts have also issued reports about the company. Oppenheimer set a $116.00 target price on Capital One Financial and gave the stock a “buy” rating in a research report on Thursday, July 19th. Zacks Investment Research raised Capital One Financial from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a research report on Tuesday, July 24th. UBS Group lowered their price target on Capital One Financial from $116.00 to $113.00 and set a “buy” rating for the company in a research report on Tuesday, August 7th. Sandler O’Neill increased their price target on Capital One Financial from $113.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, October 24th. Finally, Morgan Stanley increased their price target on Capital One Financial from $104.00 to $109.00 and gave the company an “equal weight” rating in a research report on Friday, July 20th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $109.57.

Shares of NYSE:COF opened at $87.84 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02. Capital One Financial has a twelve month low of $84.94 and a twelve month high of $106.50. The company has a market cap of $41.02 billion, a PE ratio of 11.28, a PEG ratio of 0.69 and a beta of 1.29.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 23rd. The financial services provider reported $3.12 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $0.23. Capital One Financial had a return on equity of 11.01% and a net margin of 11.84%. The company had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same period in the prior year, the firm earned $2.42 earnings per share. Capital One Financial’s revenue for the quarter was down .3% on a year-over-year basis. Equities analysts predict that Capital One Financial will post 11.39 EPS for the current fiscal year.

In related news, insider Timothy P. Golden sold 4,073 shares of the stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $95.85, for a total value of $390,397.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Regentatlantic Capital LLC increased its position in shares of Capital One Financial by 4.2% during the 3rd quarter. Regentatlantic Capital LLC now owns 77,395 shares of the financial services provider’s stock valued at $7,209,000 after purchasing an additional 3,087 shares during the last quarter. Reliance Trust Co. of Delaware increased its position in shares of Capital One Financial by 23.4% during the 3rd quarter. Reliance Trust Co. of Delaware now owns 7,910 shares of the financial services provider’s stock valued at $751,000 after purchasing an additional 1,499 shares during the last quarter. Acadian Asset Management LLC increased its position in shares of Capital One Financial by 2,436.8% during the 3rd quarter. Acadian Asset Management LLC now owns 76,587 shares of the financial services provider’s stock valued at $7,272,000 after purchasing an additional 73,568 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Capital One Financial by 0.7% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 156,129 shares of the financial services provider’s stock valued at $14,821,000 after purchasing an additional 1,034 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its position in shares of Capital One Financial by 1.8% during the 3rd quarter. Nissay Asset Management Corp Japan ADV now owns 62,745 shares of the financial services provider’s stock valued at $5,956,000 after purchasing an additional 1,090 shares during the last quarter. 88.43% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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