Evercore ISI Lowers Capital One Financial (NYSE:COF) Price Target to $154.00

Capital One Financial (NYSE:COF) had its target price dropped by equities research analysts at Evercore ISI from $155.00 to $154.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has an “in-line” rating on the financial services provider’s stock. Evercore ISI’s price target indicates a potential upside of 12.94% from the company’s previous close.

COF has been the topic of several other reports. Wells Fargo & Company raised their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. BTIG Research initiated coverage on Capital One Financial in a report on Friday, June 7th. They set a “neutral” rating on the stock. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and raised their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a report on Thursday, April 4th. Finally, JPMorgan Chase & Co. raised their price target on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Capital One Financial currently has an average rating of “Hold” and an average price target of $141.20.

Check Out Our Latest Stock Report on Capital One Financial

Capital One Financial Stock Down 1.0 %

NYSE:COF traded down $1.32 during trading hours on Tuesday, hitting $136.36. The stock had a trading volume of 253,824 shares, compared to its average volume of 2,481,565. Capital One Financial has a 1-year low of $88.23 and a 1-year high of $149.94. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The company has a market cap of $51.84 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 1.08 and a beta of 1.45. The business has a 50 day simple moving average of $140.08 and a two-hundred day simple moving average of $136.75.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period in the previous year, the business posted $2.31 EPS. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Analysts predict that Capital One Financial will post 13.3 EPS for the current year.

Insiders Place Their Bets

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares in the company, valued at approximately $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the completion of the sale, the insider now directly owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the completion of the sale, the insider now owns 10,246 shares of the company’s stock, valued at $1,475,833.84. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank increased its position in Capital One Financial by 158.7% in the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock worth $8,526,000 after buying an additional 53,894 shares during the period. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Capital One Financial in the 4th quarter worth approximately $2,299,000. Montag A & Associates Inc. increased its position in Capital One Financial by 42,536.0% in the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after buying an additional 21,268 shares during the period. First Trust Direct Indexing L.P. increased its position in shares of Capital One Financial by 14.3% during the fourth quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares during the period. Finally, National Pension Service raised its stake in shares of Capital One Financial by 2.8% in the fourth quarter. National Pension Service now owns 804,678 shares of the financial services provider’s stock valued at $105,509,000 after purchasing an additional 21,845 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

About Capital One Financial

(Get Free Report)

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.

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Analyst Recommendations for Capital One Financial (NYSE:COF)

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