Capital One Financial (NYSE:COF) Price Target Raised to $184.00 at Evercore ISI

Capital One Financial (NYSE:COF) had its price target raised by Evercore ISI from $163.00 to $184.00 in a research note published on Wednesday morning, Benzinga reports. Evercore ISI currently has an in-line rating on the financial services provider’s stock.

COF has been the subject of a number of other research reports. Citigroup initiated coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Barclays raised their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Twelve equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $153.56.

Capital One Financial Stock Performance

NYSE COF opened at $166.82 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial has a 52-week low of $99.37 and a 52-week high of $167.93. The business’s 50-day moving average price is $149.24 and its 200 day moving average price is $143.40. The firm has a market cap of $63.42 billion, a P/E ratio of 13.06, a P/E/G ratio of 1.22 and a beta of 1.44.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the company posted $4.45 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial will post 12.87 earnings per share for the current year.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in COF. Allspring Global Investments Holdings LLC raised its position in shares of Capital One Financial by 4.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 88,881 shares of the financial services provider’s stock worth $13,233,000 after buying an additional 4,143 shares during the period. Norden Group LLC purchased a new position in shares of Capital One Financial in the 1st quarter worth $2,239,000. Kovack Advisors Inc. raised its position in shares of Capital One Financial by 8.4% in the 1st quarter. Kovack Advisors Inc. now owns 2,281 shares of the financial services provider’s stock worth $340,000 after buying an additional 177 shares during the period. First Trust Direct Indexing L.P. raised its position in shares of Capital One Financial by 9.1% in the 1st quarter. First Trust Direct Indexing L.P. now owns 13,872 shares of the financial services provider’s stock worth $2,065,000 after buying an additional 1,157 shares during the period. Finally, SpiderRock Advisors LLC purchased a new position in shares of Capital One Financial in the 1st quarter worth $253,000. 89.84% of the stock is 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.