Capital One Financial Corporation (NYSE:COF)‘s stock had its “buy” rating reaffirmed by investment analysts at BMO Capital Markets in a note issued to investors on Friday. They presently have a $116.00 price objective on the financial services provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 33.27% from the stock’s previous close.

COF has been the subject of a number of other research reports. Wedbush downgraded shares of Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $94.00 to $80.00 in a report on Wednesday, July 5th. Compass Point assumed coverage on shares of Capital One Financial Corporation in a report on Thursday, August 10th. They set a “neutral” rating and a $90.00 price objective for the company. Oppenheimer Holdings, Inc. set a $82.00 price objective on shares of Capital One Financial Corporation and gave the stock a “sell” rating in a report on Tuesday, July 11th. Piper Jaffray Companies assumed 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. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $106.00 price objective on shares of Capital One Financial Corporation in a report on Friday, June 16th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $92.86.

Shares of Capital One Financial Corporation (COF) traded down 0.06% on Friday, hitting $87.04. 1,914,810 shares of the stock were exchanged. The stock has a market cap of $42.13 billion, a price-to-earnings ratio of 12.69 and a beta of 1.23. The stock’s 50-day moving average is $81.67 and its 200-day moving average is $82.18. Capital One Financial Corporation has a 1-year low of $70.50 and a 1-year high of $96.92.

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

Capital One Financial Corporation announced that its Board of Directors has initiated a stock repurchase 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 repurchase up to 4.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

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In other Capital One Financial Corporation news, CEO Richard D. Fairbank sold 367,419 shares of Capital One Financial Corporation stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $87.02, for a total transaction of $31,972,801.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.73% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. BB&T Investment Services Inc. bought a new stake in Capital One Financial Corporation during the second quarter valued at approximately $108,000. Seven Eight Capital LP lifted its position in Capital One Financial Corporation by 16.7% during the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 200 shares during the last quarter. Bronfman E.L. Rothschild L.P. lifted its position in Capital One Financial Corporation by 47.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 529 shares during the last quarter. Westside Investment Management Inc. lifted its position in Capital One Financial Corporation by 48.0% during the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 566 shares during the last quarter. Finally, Guardian Life Insurance Co. of America lifted its position in Capital One Financial Corporation by 0.6% during the first quarter. Guardian Life Insurance Co. of America now owns 1,860 shares of the financial services provider’s stock valued at $161,000 after purchasing an additional 11 shares during the last quarter. Institutional investors and hedge funds own 87.99% of the company’s stock.

About Capital One Financial Corporation

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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