Capital One Financial (NYSE:COF) Given New $186.00 Price Target at JPMorgan Chase & Co.

Capital One Financial (NYSE:COF) had its price target raised by analysts at JPMorgan Chase & Co. from $162.00 to $186.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 1.16% from the company’s previous close.

A number of other research firms have also recently issued reports on COF. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their price target for the stock from $203.00 to $200.00 in a report on Monday. Royal Bank of Canada increased their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Citigroup initiated coverage on shares of Capital One Financial in a research note on Friday, September 20th. They issued a “buy” rating and a $190.00 price target for the company. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday. Finally, Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $168.47.

Capital One Financial Price Performance

Shares of NYSE COF opened at $183.87 on Monday. 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 company has a market capitalization of $70.15 billion, a PE ratio of 17.37, a P/E/G ratio of 1.37 and a beta of 1.45. The firm has a fifty day simple moving average of $171.11 and a 200 day simple moving average of $151.48. Capital One Financial has a twelve month low of $117.13 and a twelve month high of $198.30.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share 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 firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period last year, the company posted $4.45 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. On average, sell-side analysts forecast that Capital One Financial will post 13.54 EPS for the current year.

Insider Buying and Selling

In related news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kara West sold 721 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC lifted its holdings in shares of Capital One Financial by 20.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,724 shares of the financial services provider’s stock worth $931,000 after acquiring an additional 1,142 shares during the last quarter. Cooper Financial Group purchased a new position in shares of Capital One Financial in the 2nd quarter worth about $335,000. Wedmont Private Capital increased its position in shares of Capital One Financial by 12.7% during the 2nd quarter. Wedmont Private Capital now owns 5,362 shares of the financial services provider’s stock valued at $742,000 after purchasing an additional 604 shares during the last quarter. M&G Plc purchased a new position in shares of Capital One Financial during the 2nd quarter valued at about $9,183,000. Finally, Diversified Trust Co lifted its position in Capital One Financial by 11.1% in the 2nd quarter. Diversified Trust Co now owns 17,762 shares of the financial services provider’s stock worth $2,459,000 after buying an additional 1,777 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other 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.