Capital One Financial (NYSE:COF) Stock Price Target Lowered at JPMorgan Chase & Co.

Capital One Financial (NYSE:COF) had its target price lowered by investment analysts at JPMorgan Chase & Co. from $246.00 to $227.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 12.45% from the company’s previous close.

A number of other research firms have also issued reports on COF. Evercore set a $220.00 target price on Capital One Financial in a research note on Thursday, October 1st. Wolfe Research raised their target price on Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. Citigroup reduced their price target on Capital One Financial from $295.00 to $280.00 and set a “buy” rating on the stock in a research report on Tuesday, September 29th. HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the stock from $226.00 to $229.00 in a report on Sunday, July 12th. Finally, Morgan Stanley restated an “overweight” rating and issued a $267.00 price target (down from $273.00) on shares of Capital One Financial in a report on Monday. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $255.04.

Capital One Financial Stock Up 1.3%

NYSE COF traded up $2.60 during trading hours on Monday, hitting $201.87. The company had a trading volume of 686,437 shares, compared to its average volume of 4,633,031. Capital One Financial has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The company has a market capitalization of $123.84 billion, a price-to-earnings ratio of 12.49, a P/E/G ratio of 0.73 and a beta of 1.04. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The firm’s 50 day moving average is $210.17 and its 200 day moving average is $199.76.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. The company had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%. The firm’s revenue was up 26.9% compared to the same quarter last year. During the same period last year, the company posted $5.48 earnings per share. Sell-side analysts anticipate that Capital One Financial will post 20.33 earnings per share for the current fiscal year.

Insider Activity at Capital One Financial

In other news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. This represents a 26.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 2,066 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $206.07, for a total value of $425,740.62. Following the transaction, the insider owned 61,195 shares of the company’s stock, valued at approximately $12,610,453.65. This trade represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 33,850 shares of company stock worth $7,167,152 over the last ninety days. Company insiders own 0.78% of the company’s stock.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in COF. Solstein Capital LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter valued at about $26,000. Ballast Advisors LLC acquired a new position in Capital One Financial in the first quarter worth about $27,000. Gilpin Wealth Management LLC acquired a new position in Capital One Financial in the third quarter worth about $27,000. Frazier Financial Advisors LLC acquired a new position in Capital One Financial in the first quarter worth about $29,000. Finally, Pension & Wealth Management Advisors Inc. bought a new stake in Capital One Financial in the second quarter valued at about $31,000. Institutional investors own 89.84% of the company’s stock.

About Capital One Financial

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.