Blackhawk Capital Partners LLC. Cuts Stake in Capital One Financial Co. (NYSE:COF)

Blackhawk Capital Partners LLC. lessened its stake in Capital One Financial Co. (NYSE:COF) by 16.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,285 shares of the financial services provider’s stock after selling 255 shares during the quarter. Blackhawk Capital Partners LLC.’s holdings in Capital One Financial were worth $229,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of COF. Bfsg LLC bought a new position in Capital One Financial during the 4th quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the fourth quarter worth approximately $32,000. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial in the third quarter worth approximately $36,000. Creative Financial Designs Inc. ADV grew its position in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the period. Finally, Prospera Private Wealth LLC purchased a new stake in Capital One Financial during the 3rd quarter valued at $47,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of research reports. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Royal Bank of Canada boosted their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Barclays upped their price target 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. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Stock Performance

Capital One Financial stock opened at $199.93 on Tuesday. The company’s 50-day moving average price is $191.76 and its 200-day moving average price is $171.47. 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 company has a market cap of $76.24 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.81 earnings per share. On average, equities research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.20%. Capital One Financial’s dividend payout ratio is presently 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.