Zacks Investment Research cut shares of Capital One Financial Corp. (NYSE:COF) from a hold rating to a sell rating in a research note published on Monday.

According to Zacks, “Capital One's financials continue to be weighed by deteriorating credit quality owing to changing loan environment and a stressed energy loan portfolio. Also, mounting expense level is expected to hurt bottom line growth. Further, management expects persistent runoffs in home loans, sluggish auto loan growth and compressed margins to hurt revenue growth in 2016. However, synergies from geographic diversification and resilience of Capital One's operations will aid profitability growth. Additionally, the company's revenue will continue to benefit from loan growth and improving economy.”

COF has been the topic of several other reports. Oppenheimer Holdings Inc. reiterated an underperform rating and issued a $59.00 target price on shares of Capital One Financial Corp. in a report on Thursday, August 25th. Jefferies Group reiterated a hold rating on shares of Capital One Financial Corp. in a report on Friday, August 12th. Credit Suisse Group AG reiterated a neutral rating on shares of Capital One Financial Corp. in a report on Tuesday, July 5th. DA Davidson upgraded shares of Capital One Financial Corp. from a neutral rating to a buy rating and set a $76.00 target price on the stock in a report on Friday, July 8th. They noted that the move was a valuation call. Finally, Sterne Agee CRT lowered shares of Capital One Financial Corp. from a neutral rating to an underperform rating and set a $67.50 target price on the stock. in a report on Wednesday, June 8th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $79.28.

Shares of Capital One Financial Corp. (NYSE:COF) opened at 71.68 on Monday. The firm has a market cap of $36.68 billion, a price-to-earnings ratio of 10.12 and a beta of 1.33. The company has a 50 day moving average of $69.59 and a 200 day moving average of $69.10. Capital One Financial Corp. has a 1-year low of $58.03 and a 1-year high of $81.62.

Capital One Financial Corp. (NYSE:COF) last posted its earnings results on Thursday, July 21st. The financial services provider reported $1.69 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by $0.17. The firm earned $6.30 billion during the quarter, compared to analyst estimates of $6.28 billion. Capital One Financial Corp. had a return on equity of 8.56% and a net margin of 15.38%. On average, equities analysts forecast that Capital One Financial Corp. will post $7.18 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of the company. Advisory Services Network LLC boosted its stake in shares of Capital One Financial Corp. by 0.3% in the second quarter. Advisory Services Network LLC now owns 8,425 shares of the financial services provider’s stock valued at $535,000 after buying an additional 22 shares during the period. Savant Capital LLC boosted its position in shares of Capital One Financial Corp. by 0.9% in the second quarter. Savant Capital LLC now owns 3,480 shares of the financial services provider’s stock valued at $221,000 after buying an additional 31 shares during the last quarter. Krasney Financial LLC boosted its position in shares of Capital One Financial Corp. by 0.5% in the second quarter. Krasney Financial LLC now owns 7,754 shares of the financial services provider’s stock valued at $492,000 after buying an additional 40 shares during the last quarter. Pitcairn Co. boosted its position in shares of Capital One Financial Corp. by 1.0% in the second quarter. Pitcairn Co. now owns 4,863 shares of the financial services provider’s stock valued at $308,000 after buying an additional 46 shares during the last quarter. Finally, Tompkins Financial Corp boosted its position in shares of Capital One Financial Corp. by 0.4% in the second quarter. Tompkins Financial Corp now owns 13,482 shares of the financial services provider’s stock valued at $856,000 after buying an additional 54 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

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