Capital One Financial (NYSE:COF) Upgraded to Hold at Hsbc Global Res

Capital One Financial (NYSE:COF) was upgraded by equities research analysts at Hsbc Global Res from a "moderate sell" rating to a "hold" rating in a research report issued on Tuesday,Zacks.com reports.

A number of other research firms have also weighed in on COF. The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Royal Bank of Canada raised their price target 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. Bank of America cut Capital One Financial from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Citigroup assumed coverage on Capital One Financial in a report on Friday, September 20th. They issued a "buy" rating and a $190.00 target price for the company. Finally, Barclays raised Capital One Financial from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $158.00 to $219.00 in a report on Monday, January 6th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $188.06.

Capital One Financial Stock Up 3.3 %

Shares of COF stock traded up $6.07 during trading hours on Tuesday, hitting $190.79. 3,607,409 shares of the company's stock traded hands, compared to its average volume of 2,890,409. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The stock has a market cap of $72.73 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.36 and a beta of 1.46. The stock's fifty day simple moving average is $183.63 and its two-hundred day simple moving average is $159.54. Capital One Financial has a 12-month low of $123.23 and a 12-month high of $198.30.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the previous year, the company posted $4.45 earnings per share. The company's revenue for the quarter was up 6.8% compared to the same quarter last year. On average, analysts expect that Capital One Financial will post 13.54 EPS for the current year.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction on 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 sale, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the company's 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 completion of the transaction, the insider now directly owns 44,711 shares of the company's stock, valued at $7,153,760. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,007 shares of company stock valued at $4,982,647. Company insiders own 1.30% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Prossimo Advisors LLC boosted its position in shares of Capital One Financial by 2.4% during the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider's stock worth $410,000 after acquiring an additional 65 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider's stock valued at $266,000 after purchasing an additional 66 shares during the last quarter. Baldwin Investment Management LLC grew its position in shares of Capital One Financial by 0.6% during the third quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider's stock valued at $1,829,000 after purchasing an additional 70 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of Capital One Financial by 0.7% in the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider's stock worth $1,434,000 after purchasing an additional 71 shares during the last quarter. Finally, Arvest Investments Inc. increased its holdings in shares of Capital One Financial by 1.2% in the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider's stock worth $975,000 after purchasing an additional 75 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

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.