Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Capital One Financial (NYSE:COF) Stock

Capital One Financial (NYSE:COF) had its price target upped by research analysts at Keefe, Bruyette & Woods from $185.00 to $232.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 23.80% from the company’s previous close.

Several other research analysts have also recently commented on the company. JPMorgan Chase & Co. raised their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research report on Monday, October 7th. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $203.00 to $200.00 in a research report on Monday. Robert W. Baird increased their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Citigroup assumed coverage on Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price target on the stock. Finally, Royal Bank of Canada upped their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial has an average rating of “Hold” and a consensus target price of $166.76.

Capital One Financial Stock Down 0.3 %

NYSE:COF traded down $0.56 during trading hours on Monday, reaching $187.40. The company’s stock had a trading volume of 934,214 shares, compared to its average volume of 2,558,045. Capital One Financial has a one year low of $117.13 and a one year high of $198.30. The business’s 50-day moving average is $170.41 and its 200-day moving average is $151.15. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $71.49 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $4.45 earnings per share. Equities research analysts predict that Capital One Financial will post 13.54 EPS for the current year.

Insider Buying and Selling at Capital One Financial

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by company insiders.

Institutional Trading of Capital One Financial

Hedge funds have recently bought and sold shares of the stock. Y.D. More Investments Ltd acquired a new stake in shares of Capital One Financial during the second quarter worth $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial during the 2nd quarter worth about $29,000. Unique Wealth Strategies LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $36,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the third quarter valued at about $36,000. Finally, Accordant Advisory Group Inc acquired a new position in shares of Capital One Financial during the second quarter worth about $42,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

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.