Capital One Financial Corporation (NYSE:COF)‘s stock had its “hold” rating reaffirmed by Oppenheimer Holdings, Inc. in a research report issued on Tuesday.

Several other brokerages also recently commented on COF. Zacks Investment Research upgraded Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. UBS AG upgraded Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a research report on Friday, July 21st. BidaskClub downgraded Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Keefe, Bruyette & Woods set a $106.00 price objective on Capital One Financial Corporation and gave the company a “buy” rating in a research report on Tuesday, August 15th. Finally, Instinet reaffirmed a “buy” rating and issued a $96.00 target price (down from $101.00) on shares of Capital One Financial Corporation in a report on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $93.36.

Shares of Capital One Financial Corporation (NYSE:COF) opened at 89.52 on Tuesday. The company’s 50-day moving average price is $83.80 and its 200-day moving average price is $82.39. Capital One Financial Corporation has a one year low of $71.91 and a one year high of $96.92. The stock has a market cap of $43.33 billion, a PE ratio of 13.05 and a beta of 1.23.

Capital One Financial Corporation (NYSE:COF) last released its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.15 by $0.27. The company had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. Capital One Financial Corporation’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.03 earnings per share. Equities research analysts anticipate that Capital One Financial Corporation will post $7.50 earnings per share for the current year.

Capital One Financial Corporation announced that its Board of Directors has initiated a share buyback program on Wednesday, June 28th that permits the company to buyback $1.85 billion in shares. This buyback authorization permits the financial services provider to reacquire up to 4.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

COPYRIGHT VIOLATION NOTICE: This story was reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/10/25/oppenheimer-holdings-inc-reiterates-hold-rating-for-capital-one-financial-corporation-cof.html.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Timber Creek Capital Management LLC increased its holdings in Capital One Financial Corporation by 1.3% in the 2nd quarter. Timber Creek Capital Management LLC now owns 38,145 shares of the financial services provider’s stock valued at $2,422,000 after purchasing an additional 475 shares during the last quarter. Dodge & Cox acquired a new position in shares of Capital One Financial Corporation in the fourth quarter worth $3,944,247,000. American National Bank grew its stake in shares of Capital One Financial Corporation by 5.1% in the fourth quarter. American National Bank now owns 60,723 shares of the financial services provider’s stock worth $4,383,000 after acquiring an additional 2,955 shares in the last quarter. First National Bank of Omaha grew its stake in shares of Capital One Financial Corporation by 0.5% in the fourth quarter. First National Bank of Omaha now owns 132,204 shares of the financial services provider’s stock worth $9,543,000 after acquiring an additional 655 shares in the last quarter. Finally, WMS Partners LLC grew its stake in shares of Capital One Financial Corporation by 0.4% in the second quarter. WMS Partners LLC now owns 159,450 shares of the financial services provider’s stock worth $10,127,000 after acquiring an additional 567 shares in the last quarter. Institutional investors and hedge funds own 88.23% 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)

Receive News & Ratings for Capital One Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.