Equities researchers at Compass Point assumed coverage on shares of Capital One Financial Corporation (NYSE:COF) in a report issued on Thursday. The firm set a “neutral” rating and a $90.00 price target on the financial services provider’s stock. Compass Point’s price target would indicate a potential upside of 5.71% from the stock’s current price.

COF has been the topic of a number of other research reports. Wedbush downgraded Capital One Financial Corporation from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $94.00 to $80.00 in a research note on Wednesday, July 5th. Instinet reiterated a “buy” rating and issued a $101.00 price objective (down previously from $105.00) on shares of Capital One Financial Corporation in a research note on Saturday, April 29th. Deutsche Bank AG upgraded Capital One Financial Corporation from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research note on Monday, May 1st. Wells Fargo & Company reiterated a “market perform” rating and issued a $85.00 price objective (down previously from $88.00) on shares of Capital One Financial Corporation in a research note on Sunday, May 21st. Finally, CIBC dropped their price objective on Capital One Financial Corporation from $84.00 to $80.00 and set an “underperform” rating on the stock in a research note on Wednesday, April 26th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Capital One Financial Corporation currently has an average rating of “Hold” and an average target price of $92.76.

Capital One Financial Corporation (COF) opened at 85.14 on Thursday. The firm has a market capitalization of $41.21 billion, a PE ratio of 12.41 and a beta of 1.20. Capital One Financial Corporation has a 12 month low of $66.81 and a 12 month high of $96.92. The company’s 50-day moving average price is $83.36 and its 200 day moving average price is $84.64.

Capital One Financial Corporation (NYSE:COF) last announced its earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.68 billion. During the same quarter in the previous year, the business earned $1.76 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts predict that Capital One Financial Corporation will post $7.54 earnings per share for the current year.

Capital One Financial Corporation declared that its board has authorized a stock repurchase program on Wednesday, June 28th that permits the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 4.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

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In other news, CEO Richard D. Fairbank sold 367,419 shares of the company’s stock in a transaction on 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 is available at this hyperlink. Corporate insiders own 1.73% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Capital One Financial Corporation by 3.2% in the first quarter. Vanguard Group Inc. now owns 31,454,174 shares of the financial services provider’s stock valued at $2,725,818,000 after buying an additional 963,101 shares during the last quarter. BlackRock Inc. boosted its position in Capital One Financial Corporation by 3,066.1% in the first quarter. BlackRock Inc. now owns 31,294,690 shares of the financial services provider’s stock valued at $2,711,996,000 after buying an additional 30,306,250 shares during the last quarter. State Street Corp boosted its position in Capital One Financial Corporation by 0.7% in the first quarter. State Street Corp now owns 21,864,090 shares of the financial services provider’s stock valued at $1,894,742,000 after buying an additional 157,141 shares during the last quarter. Davis Selected Advisers boosted its position in Capital One Financial Corporation by 112.8% in the second quarter. Davis Selected Advisers now owns 8,061,905 shares of the financial services provider’s stock valued at $666,075,000 after buying an additional 4,274,053 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Capital One Financial Corporation by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 6,840,874 shares of the financial services provider’s stock valued at $565,193,000 after buying an additional 429,462 shares during the last quarter. 87.71% of the stock is currently owned by hedge funds and other institutional investors.

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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