Capital One Financial Corporation $COF Shares Purchased by APG Asset Management N.V.

APG Asset Management N.V. increased its holdings in Capital One Financial Corporation (NYSE:COF) by 12.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor 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.’s holdings in Capital One Financial were worth $88,632,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Capital One Financial by 0.3% during the third quarter. Vanguard Group Inc. now owns 56,537,167 shares of the financial services provider’s stock worth $12,018,671,000 after purchasing an additional 156,254 shares during the last quarter. State Street Corp boosted its holdings in Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after purchasing an additional 10,776,843 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Capital One Financial by 64.1% in the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after purchasing an additional 5,474,328 shares during the last quarter. Norges Bank acquired a new stake in Capital One Financial during the 2nd quarter worth about $1,701,511,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Capital One Financial by 41.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock valued at $1,491,676,000 after buying an additional 2,050,010 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. BTIG Research decreased their price target on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft lowered their price objective on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Finally, HSBC cut their target price on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $274.70.

Insider Buying and Selling

In other Capital One Financial news, insider Jason P. Hanson sold 3,729 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the transaction, the insider owned 40,230 shares in the company, valued at approximately $8,247,150. This trade represents a 8.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Neal Blinde sold 38,135 shares of Capital One Financial 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 sale, the insider directly owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 76,138 shares of company stock worth $16,160,598 in the last quarter. 1.26% of the stock is owned by insiders.

Capital One Financial Trading Down 6.3%

Shares of NYSE:COF opened at $195.26 on Friday. The business’s 50 day moving average price is $227.35 and its 200-day moving average price is $222.99. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $259.64. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

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

Capital One Financial Dividend Announcement

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

Capital One Financial Profile

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.