Capital One Financial (NYSE:COF)‘s stock had its “hold” rating reissued by equities research analysts at Robert W. Baird in a research note issued to investors on Wednesday. They presently have a $106.00 target price on the financial services provider’s stock. Robert W. Baird’s target price indicates a potential upside of 6.42% from the stock’s current price.

A number of other research analysts also recently weighed in on COF. Deutsche Bank began coverage on shares of Capital One Financial in a research report on Tuesday. They set a “hold” rating on the stock. Credit Suisse Group reaffirmed a “neutral” rating on shares of Capital One Financial in a report on Wednesday, December 27th. Buckingham Research began coverage on shares of Capital One Financial in a report on Monday, October 2nd. They set a “buy” rating and a $99.00 target price for the company. Piper Jaffray Companies began coverage on shares of Capital One Financial in a report on Thursday, September 21st. They set an “underweight” rating and a $81.00 target price for the company. Finally, Barclays upped their target price on shares of Capital One Financial from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $100.38.

Shares of Capital One Financial (COF) traded up $0.03 during midday trading on Wednesday, hitting $99.61. 1,663,600 shares of the stock traded hands, compared to its average volume of 1,391,500. The company has a market capitalization of $48,020.00, a P/E ratio of 13.97, a PEG ratio of 1.39 and a beta of 1.28. Capital One Financial has a 52-week low of $76.05 and a 52-week high of $101.43. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.17.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.27. The firm had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The business’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.03 earnings per share. equities research analysts forecast that Capital One Financial will post 7.97 earnings per share for the current year.

Capital One Financial declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, December 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its stock is undervalued.

In other news, Director Ann F. Hackett sold 7,000 shares of the stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $98.00, for a total transaction of $686,000.00. Following the sale, the director now owns 65,011 shares of the company’s stock, valued at $6,371,078. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Yajnik Sanjiv sold 156,278 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $100.00, for a total transaction of $15,627,800.00. Following the sale, the insider now owns 199,216 shares in the company, valued at $19,921,600. The disclosure for this sale can be found here. Insiders sold 378,192 shares of company stock worth $36,581,362 in the last ninety days. 1.73% of the stock is currently owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Guardian Life Insurance Co. of America increased its position in shares of Capital One Financial by 0.6% in 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 buying an additional 11 shares in the last quarter. Advisory Services Network LLC increased its position in shares of Capital One Financial by 0.3% in the second quarter. Advisory Services Network LLC now owns 8,425 shares of the financial services provider’s stock valued at $535,000 after buying an additional 22 shares in the last quarter. Savant Capital LLC increased its position in shares of Capital One Financial by 0.9% in the second quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock valued at $265,000 after buying an additional 28 shares in the last quarter. ARGA Investment Management LP increased its position in shares of Capital One Financial by 0.3% in the second quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock valued at $909,000 after buying an additional 32 shares in the last quarter. Finally, Linscomb & Williams Inc. increased its position in shares of Capital One Financial by 1.1% in the second quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock valued at $244,000 after buying an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 88.33% of the company’s stock.

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About Capital One Financial

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 (NYSE:COF)

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