Capital One Financial (NYSE:COF) Price Target Lowered to $295.00 at Citigroup

Capital One Financial (NYSE:COF) had its price objective decreased by research analysts at Citigroup from $310.00 to $295.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Citigroup’s target price would indicate a potential upside of 41.10% from the company’s current price.

Several other research firms also recently commented on COF. Royal Bank Of Canada reduced their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research note on Friday, April 10th. Argus dropped their target price on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. The Goldman Sachs Group reduced their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Barclays decreased their price target on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Rothschild & Co Redburn lowered their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Twenty research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $259.14.

Capital One Financial Trading Up 1.0%

Shares of NYSE:COF traded up $2.02 during trading hours on Tuesday, hitting $209.07. 1,094,811 shares of the company’s stock traded hands, compared to its average volume of 5,090,771. The firm has a market capitalization of $130.10 billion, a P/E ratio of 12.95, a price-to-earnings-growth ratio of 0.75 and a beta of 1.02. The business has a fifty day moving average price of $195.78 and a 200-day moving average price of $199.85. Capital One Financial has a 1 year low of $174.24 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same period in the prior year, the business posted $5.48 earnings per share. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. Equities analysts expect that Capital One Financial will post 20.13 earnings per share for the current year.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the completion of the sale, the general counsel owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This represents a 3.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,749 shares of company stock worth $1,708,577 in the last three months. Insiders own 0.78% of the company’s stock.

Institutional Trading of Capital One Financial

A number of hedge funds have recently bought and sold shares of the stock. First Command Advisory Services Inc. lifted its stake in shares of Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 46 shares during the last quarter. Dogwood Wealth Management LLC boosted its position in Capital One Financial by 26.0% during the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 47 shares in the last quarter. Pflug Koory LLC grew its stake in Capital One Financial by 1.6% in the fourth quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock valued at $748,000 after purchasing an additional 48 shares during the last quarter. High Note Wealth LLC grew its stake in Capital One Financial by 44.9% in the fourth quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 48 shares during the last quarter. Finally, Fiducient Advisors LLC raised its holdings in Capital One Financial by 4.2% in the fourth quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.