Capital One Financial Corp. (NYSE:COF) shares gapped up before the market opened on Friday . The stock had previously closed at $61.31, but opened at $61.89. Capital One Financial Corp. shares last traded at $64.63, with a volume of 2,533,449 shares.

Several research firms recently issued reports on COF. Credit Suisse Group AG reissued a “hold” rating on shares of Capital One Financial Corp. in a report on Sunday, April 17th. Jefferies Group reaffirmed a “hold” rating on shares of Capital One Financial Corp. in a report on Wednesday, April 27th. Morgan Stanley reaffirmed a “buy” rating on shares of Capital One Financial Corp. in a report on Wednesday, April 27th. Vetr cut shares of Capital One Financial Corp. from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a report on Tuesday, May 3rd. Finally, DA Davidson raised shares of Capital One Financial Corp. from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a report on Friday. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $79.28.

The firm has a market cap of $33.88 billion and a price-to-earnings ratio of 9.38. The company’s 50-day moving average price is $67.17 and its 200 day moving average price is $67.97.

Capital One Financial Corp. (NYSE:COF) last released its earnings results on Tuesday, April 26th. The financial services provider reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $1.91 by $0.07. The company had revenue of $6.20 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter in the prior year, the firm earned $2.00 EPS. Capital One Financial Corp.’s quarterly revenue was up 10.1% on a year-over-year basis. On average, analysts forecast that Capital One Financial Corp. will post $7.47 earnings per share for the current year.

Several hedge funds have added to or reduced their stakes in COF. Synovus Financial Corp increased its stake in Capital One Financial Corp. by 4.3% in the fourth quarter. Synovus Financial Corp now owns 72,228 shares of the financial services provider’s stock worth $5,202,000 after buying an additional 2,990 shares during the last quarter. Mayo Investment Advisers LLC increased its stake in Capital One Financial Corp. by 22.1% in the fourth quarter. Mayo Investment Advisers LLC now owns 448,050 shares of the financial services provider’s stock worth $32,340,000 after buying an additional 81,100 shares during the last quarter. Calamos Advisors LLC increased its stake in Capital One Financial Corp. by 38.1% in the fourth quarter. Calamos Advisors LLC now owns 109,240 shares of the financial services provider’s stock worth $7,885,000 after buying an additional 30,155 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in Capital One Financial Corp. by 2.6% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 141,300 shares of the financial services provider’s stock worth $10,199,000 after buying an additional 3,600 shares during the last quarter. Finally, CI Investments Inc. acquired a new stake in Capital One Financial Corp. during the fourth quarter worth approximately $49,848,000.

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