Wells Fargo & Co reissued their outperform rating on shares of Capital One Financial (NYSE:COF) in a report issued on Tuesday, The Fly reports. Wells Fargo & Co currently has a $112.00 target price on the financial services provider’s stock, up from their previous target price of $102.00.

Several other research analysts have also commented on the stock. Piper Jaffray Companies upgraded shares of Capital One Financial from an underweight rating to a neutral rating and set a $81.00 price target on the stock in a report on Monday, December 18th. Bank of America upgraded shares of Capital One Financial from a neutral rating to a buy rating and set a $107.00 price target on the stock in a report on Monday, December 18th. Wedbush set a $95.00 price target on shares of Capital One Financial and gave the company a hold rating in a report on Monday, December 11th. Zacks Investment Research upgraded shares of Capital One Financial from a hold rating to a buy rating and set a $102.00 price target on the stock in a report on Friday, October 27th. Finally, Compass Point upgraded shares of Capital One Financial from a neutral rating to a buy rating and lifted their price objective for the company from $99.52 to $122.00 in a research note on Friday, December 22nd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $102.14.

Capital One Financial (NYSE COF) traded up $1.01 during midday trading on Tuesday, reaching $105.43. 2,298,242 shares of the company traded hands, compared to its average volume of 2,135,400. Capital One Financial has a 52-week low of $76.05 and a 52-week high of $106.40. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06. The stock has a market capitalization of $51,110.00, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 1.38 and a beta of 1.28.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.15 by $0.27. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The firm had revenue of $6.99 billion for the quarter, compared to analyst estimates of $6.81 billion. During the same quarter last year, the firm posted $2.03 earnings per share. Capital One Financial’s revenue for the quarter was up 8.1% compared to the same quarter last year. sell-side analysts anticipate that Capital One Financial will post 7.96 earnings per share for the current fiscal year.

Capital One Financial announced that its Board of Directors has initiated a share repurchase program on Tuesday, December 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

In related news, insider Yajnik Sanjiv sold 156,278 shares of Capital One Financial stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $100.00, for a total value of $15,627,800.00. Following the completion of the sale, the insider now owns 199,216 shares in the company, valued at $19,921,600. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ann F. Hackett sold 11,055 shares of Capital One Financial stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the completion of the sale, the director now owns 69,066 shares of the company’s stock, valued at approximately $6,297,437.88. The disclosure for this sale can be found here. In the last 90 days, insiders sold 435,282 shares of company stock valued at $42,264,713. Insiders own 1.73% of the company’s stock.

Several large investors have recently modified their holdings of COF. Engineers Gate Manager LP bought a new stake in shares of Capital One Financial in the second quarter worth $583,000. CIBC World Markets Inc. increased its stake in shares of Capital One Financial by 171.8% in the second quarter. CIBC World Markets Inc. now owns 14,473 shares of the financial services provider’s stock worth $1,196,000 after buying an additional 9,148 shares during the last quarter. Riverhead Capital Management LLC increased its stake in shares of Capital One Financial by 8.8% in the second quarter. Riverhead Capital Management LLC now owns 52,334 shares of the financial services provider’s stock worth $4,324,000 after buying an additional 4,211 shares during the last quarter. South State Corp increased its stake in shares of Capital One Financial by 9.2% in the second quarter. South State Corp now owns 65,457 shares of the financial services provider’s stock worth $5,408,000 after buying an additional 5,510 shares during the last quarter. Finally, Seven Eight Capital LP increased its stake in shares of Capital One Financial by 16.7% in the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 88.33% of the company’s stock.

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Capital One Financial Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

The Fly

Analyst Recommendations for Capital One Financial (NYSE:COF)

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