Buckingham Research started coverage on shares of Capital One Financial Corporation (NYSE:COF) in a research note published on Monday. The brokerage issued a buy rating and a $99.00 price target on the financial services provider’s stock.

Several other equities analysts have also recently weighed in on the stock. Wedbush cut shares of Capital One Financial Corporation from a neutral rating to an underperform rating and cut their target price for the company from $94.00 to $80.00 in a research note on Wednesday, July 5th. Zacks Investment Research downgraded shares of Capital One Financial Corporation from a hold rating to a sell rating in a report on Wednesday, September 20th. Oppenheimer Holdings, Inc. upgraded shares of Capital One Financial Corporation from an underperform rating to a market perform rating and set a $82.00 price target on the stock in a research note on Friday, July 21st. Morgan Stanley reiterated an overweight rating and issued a $97.00 price target (down previously from $100.00) on shares of Capital One Financial Corporation in a research note on Thursday, July 6th. Finally, Piper Jaffray Companies started coverage on shares of Capital One Financial Corporation in a report on Thursday, September 21st. They set an underweight rating and a $81.00 price objective for the company. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $92.00.

Shares of Capital One Financial Corporation (COF) opened at 85.92 on Monday. Capital One Financial Corporation has a 12-month low of $70.50 and a 12-month high of $96.92. The stock’s 50 day moving average is $81.31 and its 200-day moving average is $82.13. The company has a market capitalization of $41.59 billion, a P/E ratio of 12.53 and a beta of 1.23.

Capital One Financial Corporation (NYSE:COF) last posted its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.90 by $0.06. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same period in the prior year, the company posted $1.76 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post $7.52 earnings per share for the current year.

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Capital One Financial Corporation announced that its Board of Directors has initiated a share buyback plan on Wednesday, June 28th that authorizes the company to buyback $1.85 billion in shares. This buyback authorization authorizes the financial services provider to purchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

In other news, CEO Richard D. Fairbank sold 367,419 shares of the company’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total value of $31,972,801.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.73% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. South State Corp boosted its position in Capital One Financial Corporation by 9.2% in the 2nd quarter. South State Corp now owns 65,457 shares of the financial services provider’s stock valued at $5,408,000 after buying an additional 5,510 shares during the period. Sky Investment Group LLC grew its stake in Capital One Financial Corporation by 9.4% in the 2nd quarter. Sky Investment Group LLC now owns 3,380 shares of the financial services provider’s stock worth $279,000 after acquiring an additional 290 shares in the last quarter. CNA Financial Corp grew its stake in Capital One Financial Corporation by 20.6% in the 2nd quarter. CNA Financial Corp now owns 31,827 shares of the financial services provider’s stock worth $2,630,000 after acquiring an additional 5,427 shares in the last quarter. Bank of The Ozarks grew its stake in Capital One Financial Corporation by 14.0% in the 1st quarter. Bank of The Ozarks now owns 9,160 shares of the financial services provider’s stock worth $794,000 after acquiring an additional 1,125 shares in the last quarter. Finally, AXA grew its stake in Capital One Financial Corporation by 28.5% in the 1st quarter. AXA now owns 148,167 shares of the financial services provider’s stock worth $12,840,000 after acquiring an additional 32,893 shares in the last quarter. Institutional investors own 87.99% of the company’s stock.

Capital One Financial Corporation Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

Analyst Recommendations for Capital One Financial Corporation (NYSE:COF)

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