Capital One Financial (NYSE:COF) Raised to “Outperform” at Robert W. Baird

Capital One Financial (NYSE:COF) was upgraded by research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report issued on Tuesday, MarketBeat.com reports. The firm presently has a $200.00 price objective on the financial services provider’s stock, up from their previous price objective of $190.00. Robert W. Baird’s target price suggests a potential upside of 17.15% from the company’s current price.

COF has been the topic of a number of other reports. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Truist Financial boosted their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Barclays boosted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $206.67.

Capital One Financial Trading Up 3.2 %

Shares of COF stock opened at $170.73 on Tuesday. The stock has a market cap of $65.10 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The firm’s 50 day moving average price is $192.80 and its two-hundred day moving average price is $175.05.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.81 earnings per share. On average, analysts anticipate that Capital One Financial will post 15.65 EPS for the current year.

Institutional Trading of Capital One Financial

A number of institutional investors and hedge funds have recently modified their holdings of COF. Siemens Fonds Invest GmbH increased its holdings in shares of Capital One Financial by 2,139.7% in the 4th quarter. Siemens Fonds Invest GmbH now owns 92,431 shares of the financial services provider’s stock worth $16,482,000 after acquiring an additional 88,304 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Capital One Financial in the 4th quarter worth about $34,343,000. Jefferies Financial Group Inc. increased its holdings in shares of Capital One Financial by 737.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 22,583 shares of the financial services provider’s stock worth $4,027,000 after acquiring an additional 26,124 shares during the period. Challenger Wealth Management acquired a new stake in shares of Capital One Financial in the 4th quarter worth about $374,000. Finally, Ascent Group LLC increased its holdings in shares of Capital One Financial by 7.9% in the 4th quarter. Ascent Group LLC now owns 21,659 shares of the financial services provider’s stock worth $3,862,000 after acquiring an additional 1,582 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

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.