Capital One Financial (COF) Given a $116.00 Price Target at Oppenheimer
Several other research firms have also recently weighed in on COF. Zacks Investment Research upgraded Capital One Financial from a hold rating to a buy rating and set a $109.00 price objective on the stock in a report on Tuesday, July 24th. BMO Capital Markets lifted their price objective on Capital One Financial from $126.00 to $132.00 and gave the company an outperform rating in a report on Friday, July 20th. UBS Group cut their price objective on Capital One Financial from $116.00 to $113.00 and set a buy rating on the stock in a report on Tuesday, August 7th. Citigroup cut their price objective on Capital One Financial from $115.00 to $110.00 and set a buy rating on the stock in a report on Monday, June 18th. Finally, Piper Jaffray Companies upgraded Capital One Financial from a neutral rating to an overweight rating in a research note on Thursday, June 14th. Eight research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $111.15.
NYSE:COF opened at $97.03 on Tuesday. Capital One Financial has a fifty-two week low of $80.20 and a fifty-two week high of $106.50. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.06. The stock has a market cap of $46.88 billion, a PE ratio of 12.46, a price-to-earnings-growth ratio of 0.83 and a beta of 1.29.
In other news, insider Timothy P. Golden sold 4,073 shares of the company’s stock in a transaction that occurred on Thursday, August 2nd. The stock was sold at an average price of $95.85, for a total transaction of $390,397.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Bradford H. Warner sold 4,229 shares of the company’s stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $92.55, for a total value of $391,393.95. Following the sale, the director now owns 56,221 shares in the company, valued at approximately $5,203,253.55. The disclosure for this sale can be found here. Insiders sold a total of 285,955 shares of company stock worth $28,384,891 in the last 90 days. Company insiders own 1.40% of the company’s stock.
Several institutional investors have recently made changes to their positions in COF. Trexquant Investment LP bought a new stake in shares of Capital One Financial during the 1st quarter worth approximately $306,000. Engineers Gate Manager LP bought a new stake in shares of Capital One Financial during the 1st quarter worth approximately $538,000. Northern Trust Corp raised its stake in shares of Capital One Financial by 0.7% during the 1st quarter. Northern Trust Corp now owns 5,713,153 shares of the financial services provider’s stock worth $547,434,000 after purchasing an additional 37,656 shares in the last quarter. BlackRock Inc. raised its stake in shares of Capital One Financial by 2.3% during the 1st quarter. BlackRock Inc. now owns 29,763,273 shares of the financial services provider’s stock worth $2,851,916,000 after purchasing an additional 661,251 shares in the last quarter. Finally, Federated Investors Inc. PA raised its stake in shares of Capital One Financial by 1,404.9% during the 1st quarter. Federated Investors Inc. PA now owns 295,946 shares of the financial services provider’s stock worth $28,358,000 after purchasing an additional 276,281 shares in the last quarter. Institutional investors own 88.25% of the company’s stock.
About Capital One Financial
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.
Further Reading: Market Capitalization and Individual Investors
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