Capital One Financial (NYSE:COF) Rating Reiterated by Royal Bank of Canada

Capital One Financial (NYSE:COF)‘s stock had its “sector perform” rating restated by equities research analysts at Royal Bank of Canada in a research report issued on Thursday, Benzinga reports. They presently have a $150.00 target price on the financial services provider’s stock. Royal Bank of Canada’s price objective would indicate a potential upside of 1.01% from the stock’s previous close.

Several other equities research analysts have also recently commented on the company. BTIG Research initiated coverage on Capital One Financial in a research note on Friday, June 7th. They set a “neutral” rating for the company. JPMorgan Chase & Co. raised their target price on Capital One Financial from $148.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, July 8th. Bank of America raised their target price on Capital One Financial from $158.00 to $161.00 and gave the stock a “buy” rating in a research note on Wednesday. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research note on Thursday, April 4th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a research note on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $145.89.

Capital One Financial Price Performance

Shares of COF stock traded up $2.09 on Thursday, hitting $148.50. 680,415 shares of the company’s stock were exchanged, compared to its average volume of 2,542,829. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. Capital One Financial has a 12 month low of $88.23 and a 12 month high of $153.35. The stock has a market cap of $56.46 billion, a P/E ratio of 11.63, a price-to-earnings-growth ratio of 1.14 and a beta of 1.45. The company has a 50 day moving average of $139.05 and a 200 day moving average of $138.59.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.37%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $3.52 EPS. On average, equities research analysts predict that Capital One Financial will post 13.4 EPS for the current year.

Insider Buying and Selling at Capital One Financial

In other news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction 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 transaction, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Celia Karam sold 16,913 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total transaction of $2,416,529.44. Following the completion of the transaction, the insider now directly owns 47,081 shares in the company, valued at $6,726,933.28. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Timothy P. Golden sold 8,656 shares of the business’s stock in a transaction dated 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 transaction, 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. Insiders have sold a total of 56,311 shares of company stock worth $8,274,640 over the last ninety days. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Silicon Valley Capital Partners purchased a new position in Capital One Financial during the first quarter worth about $25,000. LRI Investments LLC purchased a new position in shares of Capital One Financial during the 1st quarter valued at about $25,000. Householder Group Estate & Retirement Specialist LLC raised its holdings in shares of Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after buying an additional 199 shares in the last quarter. Hobbs Group Advisors LLC purchased a new position in shares of Capital One Financial during the 2nd quarter valued at about $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Company Profile

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.