Deutsche Bank Aktiengesellschaft Raises Capital One Financial (NYSE:COF) Price Target to $263.00

Capital One Financial (NYSE:COF) had its target price boosted by equities research analysts at Deutsche Bank Aktiengesellschaft from $240.00 to $263.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a “hold” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 8.16% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. TD Cowen lifted their price target on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. UBS Group reduced their target price on 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. Cowen reaffirmed a “buy” rating on shares of Capital One Financial in a research note on Wednesday, November 26th. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, Barclays boosted their price objective on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $264.25.

Capital One Financial Trading Up 0.6%

Shares of COF stock opened at $243.16 on Wednesday. Capital One Financial has a fifty-two week low of $143.22 and a fifty-two week high of $243.62. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a 50 day simple moving average of $218.88 and a two-hundred day simple moving average of $215.97. The company has a market cap of $154.58 billion, a P/E ratio of 102.88, a PEG ratio of 0.57 and a beta of 1.16.

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

Insiders Place Their Bets

In other news, insider Celia Karam sold 2,936 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $640,488.40. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Neal Blinde sold 43,200 shares of the stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $221.83, for a total transaction of $9,583,056.00. Following the completion of the sale, the insider owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. This trade represents a 37.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 280,218 shares of company stock worth $62,395,804 in the last three months. 1.26% of the stock is owned by corporate insiders.

Institutional Trading of Capital One Financial

Institutional investors and hedge funds have recently modified their holdings of the business. Moisand Fitzgerald Tamayo LLC increased its position in shares of Capital One Financial by 103.3% during the 2nd 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 last quarter. Olistico Wealth LLC increased its holdings in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares during the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in Capital One Financial by 66.7% in the second 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 bought a new stake in Capital One Financial in the second quarter worth about $27,000. Finally, Solstein Capital LLC purchased a new position in Capital One Financial in the second quarter valued at about $28,000. 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.