Capital One Financial Co. (NYSE:COF) Short Interest Up 12.6% in April

Capital One Financial Co. (NYSE:COF) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 12,720,000 shares, an increase of 12.6% from the March 31st total of 11,300,000 shares. Currently, 3.4% of the company’s shares are short sold. Based on an average daily volume of 2,680,000 shares, the days-to-cover ratio is presently 4.7 days.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on COF shares. Royal Bank of Canada increased their target price on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 21st. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Piper Sandler increased their target price on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, February 23rd. BMO Capital Markets upped their price target on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, January 29th. Finally, Evercore ISI boosted their target price on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, March 28th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $138.50.

Capital One Financial Stock Performance

NYSE COF traded down $1.80 during trading hours on Wednesday, reaching $141.63. The company’s stock had a trading volume of 1,948,220 shares, compared to its average volume of 2,706,105. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The business has a 50-day simple moving average of $140.75 and a 200 day simple moving average of $127.03. Capital One Financial has a 52 week low of $83.93 and a 52 week high of $149.94. The stock has a market cap of $53.87 billion, a PE ratio of 11.09, a PEG ratio of 1.05 and a beta of 1.48.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.31 EPS. Equities research analysts predict that Capital One Financial will post 13.7 earnings per share for the current fiscal year.

Institutional Trading of Capital One Financial

Several hedge funds have recently bought and sold shares of the company. Silicon Valley Capital Partners bought a new stake in shares of Capital One Financial during the first quarter valued at approximately $25,000. Householder Group Estate & Retirement Specialist LLC raised its stake in Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 199 shares in the last quarter. Bartlett & Co. LLC boosted its position in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the period. Bartlett & CO. Wealth Management LLC grew its stake in shares of Capital One Financial by 726.7% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. Finally, Rise Advisors LLC acquired a new position in shares of Capital One Financial during the first quarter valued at $33,000. 89.84% of the stock is currently owned by institutional investors.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.