Capital One Financial (NYSE:COF) Now Covered by Analysts at BMO Capital Markets

Research analysts at BMO Capital Markets began coverage on shares of Capital One Financial (NYSE:COF) in a report released on Friday, Benzinga reports. The brokerage set a “market perform” rating and a $219.00 price target on the financial services provider’s stock. BMO Capital Markets’ price target would suggest a potential upside of 9.88% from the company’s current price.

Other analysts have also recently issued research reports about the company. Citigroup reduced their price target on Capital One Financial from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Tuesday, September 29th. HSBC raised Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the stock from $226.00 to $229.00 in a research report on Sunday, July 12th. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. BTIG Research boosted their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Finally, Wolfe Research upped their price objective on shares of Capital One Financial from $255.00 to $275.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Twenty analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $256.09.

Capital One Financial Trading Up 1.7%

NYSE:COF opened at $199.32 on Friday. The company has a market capitalization of $122.28 billion, a P/E ratio of 12.33, a P/E/G ratio of 0.72 and a beta of 1.04. The stock’s 50 day moving average price is $210.37 and its 200 day moving average price is $199.66. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial has a 52 week low of $174.24 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The company had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.48 earnings per share. On average, research analysts forecast that Capital One Financial will post 20.33 EPS for the current fiscal year.

Insider Activity at Capital One Financial

In other news, CAO Timothy P. Golden sold 3,487 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the sale, the chief accounting officer directly owned 7,429 shares of the company’s stock, valued at approximately $1,567,519. This represents a 31.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ravi Raghu sold 9,726 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the sale, the insider owned 26,328 shares in the company, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 33,850 shares of company stock valued at $7,167,152. 0.78% of the stock is owned by corporate insiders.

Institutional Trading of Capital One Financial

Several hedge funds and other institutional investors have recently bought and sold shares of COF. Breakwater Capital Group raised its position in shares of Capital One Financial by 373.4% during the third quarter. Breakwater Capital Group now owns 9,341 shares of the financial services provider’s stock valued at $1,803,000 after buying an additional 7,368 shares during the last quarter. LifeGoal Investments LLC grew its position in Capital One Financial by 45.2% during the third quarter. LifeGoal Investments LLC now owns 2,929 shares of the financial services provider’s stock worth $566,000 after buying an additional 912 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Capital One Financial by 1.2% during the third quarter. Mn Services Vermogensbeheer B.V. now owns 176,401 shares of the financial services provider’s stock valued at $34,058,000 after acquiring an additional 2,100 shares during the period. Diversified Management Inc. acquired a new position in Capital One Financial in the 3rd quarter valued at approximately $2,796,000. Finally, Green Ridge Wealth Planning LLC lifted its position in shares of Capital One Financial by 166.4% in the 3rd quarter. Green Ridge Wealth Planning LLC now owns 4,763 shares of the financial services provider’s stock worth $920,000 after acquiring an additional 2,975 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Company Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.