AGF Management Ltd. Invests $207,000 in Capital One Financial Co. (NYSE:COF)

AGF Management Ltd. purchased a new stake in shares of Capital One Financial Co. (NYSE:COF) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 1,161 shares of the financial services provider’s stock, valued at approximately $207,000.

A number of other hedge funds also recently bought and sold shares of the business. FMR LLC increased its stake in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after buying an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new stake in Capital One Financial in the fourth quarter valued at $130,683,000. Wellington Management Group LLP increased its position in Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after purchasing an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new position in Capital One Financial in the 3rd quarter worth $104,811,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $115,091,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on COF shares. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Finally, Barclays boosted their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Five analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $206.67.

Capital One Financial Trading Up 3.6 %

Capital One Financial stock opened at $172.06 on Friday. 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 cap of $65.61 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business has a 50-day simple moving average of $192.37 and a two-hundred day simple moving average of $175.42.

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

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.