Capital One Financial (NYSE:COF) Given New $184.00 Price Target at Evercore ISI

Capital One Financial (NYSE:COF) had its price target boosted by Evercore ISI from $163.00 to $184.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has an in-line rating on the financial services provider's stock.

Several other brokerages have also commented on COF. JPMorgan Chase & Co. raised their price target on Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a research note on Monday, October 7th. Royal Bank of Canada lifted their price target on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Friday, October 25th. Citigroup initiated coverage on Capital One Financial in a research note on Friday, September 20th. They set a "buy" rating and a $190.00 price objective for the company. Barclays lifted their target price on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Finally, Bank of America increased their price target on shares of Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research report on Wednesday, July 24th. Twelve investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $153.56.

Capital One Financial Trading Up 2.3 %

Shares of COF traded up $3.83 during mid-day trading on Wednesday, reaching $166.82. 2,787,649 shares of the company's stock traded hands, compared to its average volume of 2,476,629. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The stock's 50-day moving average is $148.70 and its two-hundred day moving average is $143.23. Capital One Financial has a 12 month low of $99.37 and a 12 month high of $167.93. The stock has a market cap of $63.42 billion, a P/E ratio of 13.07, a P/E/G ratio of 1.22 and a beta of 1.44.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period in the previous year, the firm earned $4.45 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. Research analysts forecast that Capital One Financial will post 12.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction that occurred 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 sale, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently made changes to their positions in COF. Prossimo Advisors LLC boosted its position in shares of Capital One Financial by 2.4% during the 3rd quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider's stock valued at $410,000 after acquiring an additional 65 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider's stock valued at $266,000 after buying an additional 66 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in shares of Capital One Financial by 11.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider's stock valued at $107,000 after buying an additional 75 shares during the period. Bangor Savings Bank lifted its holdings in Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider's stock valued at $67,000 after acquiring an additional 77 shares during the last quarter. Finally, Grove Bank & Trust grew its position in Capital One Financial by 9.3% in the third quarter. Grove Bank & Trust now owns 909 shares of the financial services provider's stock worth $136,000 after acquiring an additional 77 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

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.