APG Asset Management N.V. Purchases 47,627 Shares of Capital One Financial Corporation $COF

APG Asset Management N.V. raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 12.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 416,935 shares of the financial services provider’s stock after buying an additional 47,627 shares during the period. APG Asset Management N.V. owned about 0.07% of Capital One Financial worth $88,632,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EJF Capital LLC grew its position in Capital One Financial by 2.4% in the 3rd quarter. EJF Capital LLC now owns 19,838 shares of the financial services provider’s stock valued at $4,217,000 after acquiring an additional 459 shares during the last quarter. Aprio Wealth Management LLC boosted its stake in shares of Capital One Financial by 7.2% during the third quarter. Aprio Wealth Management LLC now owns 3,774 shares of the financial services provider’s stock valued at $802,000 after purchasing an additional 253 shares during the period. Huntington National Bank grew its holdings in shares of Capital One Financial by 0.8% in the third quarter. Huntington National Bank now owns 35,404 shares of the financial services provider’s stock worth $7,526,000 after purchasing an additional 295 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Capital One Financial in the third quarter worth about $9,979,000. Finally, Caitlin John LLC purchased a new position in Capital One Financial in the 3rd quarter worth about $68,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Capital One Financial news, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $250.00, for a total transaction of $3,362,500.00. Following the sale, the insider owned 30,337 shares of the company’s stock, valued at approximately $7,584,250. The trade was a 30.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Neal Blinde sold 38,135 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the transaction, the insider directly owned 33,551 shares of the company’s stock, valued at approximately $6,391,801.01. This represents a 53.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 76,138 shares of company stock valued at $16,160,598. 1.26% of the stock is owned by company insiders.

Capital One Financial Price Performance

Shares of COF opened at $195.26 on Friday. The company has a 50 day moving average of $227.35 and a two-hundred day moving average of $222.99. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $259.64. The company has a market cap of $121.44 billion, a price-to-earnings ratio of 65.97, a price-to-earnings-growth ratio of 0.59 and a beta of 1.14.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. During the same period in the previous year, the business posted $2.67 EPS. The business’s quarterly revenue was up 53.3% on a year-over-year basis. As a group, analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be paid a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial’s payout ratio is presently 108.11%.

Analyst Ratings Changes

Several research firms have issued reports on COF. Jefferies Financial Group boosted their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Barclays cut their price target on Capital One Financial from $294.00 to $287.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Finally, BTIG Research dropped their price objective on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $274.70.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.