APG Asset Management N.V. Acquires Shares of 241,037 Capital One Financial Co. (NYSE:COF)

APG Asset Management N.V. bought a new stake in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 241,037 shares of the financial services provider’s stock, valued at approximately $41,508,000.

Several other large investors also recently modified their holdings of COF. Bfsg LLC bought a new stake in Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial in the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new stake in Capital One Financial during the fourth quarter worth $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Down 1.8 %

Shares of NYSE COF opened at $151.91 on Wednesday. The company’s 50 day moving average price is $184.89 and its 200-day moving average price is $178.77. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a market capitalization of $57.95 billion, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.58%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. decreased their target price on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a research note on Tuesday, March 25th. Finally, Wells Fargo & Company upped their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $206.73.

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.