Capital One Financial Corporation (NYSE:COF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Capital One Financial Corporation (NYSE:COF) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and four have issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $261.6316.

Several research analysts have commented on COF shares. Royal Bank Of Canada upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 23rd. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a report on Wednesday, October 8th. Wolfe Research upped their target price on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Finally, Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st.

Capital One Financial Stock Performance

NYSE COF opened at $221.38 on Tuesday. The company has a 50-day simple moving average of $219.84 and a two-hundred day simple moving average of $208.52. 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 has a 12-month low of $143.22 and a 12-month high of $232.45. The firm has a market cap of $141.58 billion, a price-to-earnings ratio of 93.41, a PEG ratio of 0.70 and a beta of 1.18.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $1.70. The business had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company’s revenue was up 53.4% on a year-over-year basis. During the same quarter last year, the firm earned $4.51 EPS. On average, equities analysts forecast that Capital One Financial will post 15.65 EPS for the current year.

Insider Buying and Selling

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the sale, the general counsel directly owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Timothy P. Golden sold 207 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total transaction of $44,589.87. Following the sale, the chief accounting officer directly owned 8,780 shares in the company, valued at $1,891,299.80. This trade represents a 2.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 111,155 shares of company stock worth $24,998,080 in the last 90 days. Insiders own 1.26% of the company’s stock.

Institutional Trading of Capital One Financial

Several large investors have recently modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its holdings in Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after purchasing an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Capital One Financial by 74.8% in the second quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after buying an additional 24,129,990 shares in the last quarter. State Street Corp lifted its holdings in shares of Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after buying an additional 10,776,843 shares in the last quarter. Norges Bank bought a new position in shares of Capital One Financial during the second quarter worth $1,701,511,000. Finally, Geode Capital Management LLC grew its stake in Capital One Financial by 64.1% during the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after acquiring an additional 5,474,328 shares in the last quarter. Institutional investors 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.