Jefferies Financial Group Raises Capital One Financial (NYSE:COF) Price Target to $275.00

Capital One Financial (NYSE:COF) had its price target boosted by research analysts at Jefferies Financial Group from $265.00 to $275.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has a “buy” rating on the financial services provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 19.33% from the company’s current price.

Several other equities analysts have also weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Monday. BTIG Research reissued a “buy” rating and issued a $264.00 price objective on shares of Capital One Financial in a research note on Wednesday, October 22nd. Morgan Stanley boosted their price objective on Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. The Goldman Sachs Group increased their target price on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, UBS Group decreased their price target on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $262.70.

Capital One Financial Stock Down 0.2%

Shares of NYSE:COF opened at $230.45 on Wednesday. Capital One Financial has a 1 year low of $143.22 and a 1 year high of $234.96. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50-day moving average is $216.33 and its 200-day moving average is $214.22. The company has a market capitalization of $146.50 billion, a price-to-earnings ratio of 97.12, a P/E/G ratio of 0.55 and a beta of 1.16.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The firm had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. Equities research analysts predict that Capital One Financial will post 15.65 earnings per share for the current year.

Insider Activity

In other Capital One Financial news, insider Celia Karam sold 2,936 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $640,488.40. Following the completion of the transaction, the insider owned 63,433 shares in the company, valued at $13,837,908.95. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard D. Fairbank sold 103,487 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the completion of the transaction, the chief executive officer directly owned 4,001,228 shares in the company, valued at $882,990,995.04. This trade represents a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 280,218 shares of company stock worth $62,395,804. Corporate insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Moisand Fitzgerald Tamayo LLC grew its holdings in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC lifted its position in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after buying an additional 101 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake in shares of Capital One Financial by 66.7% during the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 50 shares during the period. RMG Wealth Management LLC purchased a new stake in Capital One Financial in the 2nd quarter worth about $27,000. Finally, Solstein Capital LLC bought a new stake in Capital One Financial in the 2nd quarter valued at about $28,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

About Capital One Financial

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.