Capitol Federal Financial’s (CFFN) Market Perform Rating Reaffirmed at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods restated their market perform rating on shares of Capitol Federal Financial (NASDAQ:CFFN) in a research report sent to investors on Thursday, Benzinga reports. The firm currently has a $6.00 price target on the savings and loans company’s stock, down from their prior price target of $7.00.

CFFN has been the subject of several other reports. StockNews.com upgraded shares of Capitol Federal Financial to a sell rating in a report on Tuesday, January 23rd. Piper Sandler lowered their price objective on shares of Capitol Federal Financial from $6.00 to $5.50 and set a neutral rating for the company in a report on Thursday.

Capitol Federal Financial Stock Performance

Shares of CFFN opened at $4.81 on Thursday. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.34 and a quick ratio of 1.37. Capitol Federal Financial has a one year low of $4.22 and a one year high of $6.88. The company has a 50-day simple moving average of $5.59 and a two-hundred day simple moving average of $5.68. The firm has a market capitalization of $643.24 million, a PE ratio of -5.12 and a beta of 0.42.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 3rd will be paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 7.07%. The ex-dividend date of this dividend is Thursday, May 2nd. Capitol Federal Financial’s dividend payout ratio is -36.17%.

Insider Buying and Selling at Capitol Federal Financial

In other Capitol Federal Financial news, EVP Rick C. Jackson bought 10,000 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was acquired at an average price of $5.68 per share, with a total value of $56,800.00. Following the completion of the purchase, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. In other Capitol Federal Financial news, EVP Rick C. Jackson bought 10,000 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was acquired at an average price of $5.68 per share, with a total value of $56,800.00. Following the completion of the purchase, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Morris J. Huey II bought 5,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were acquired at an average cost of $5.70 per share, with a total value of $28,500.00. Following the purchase, the director now directly owns 271,000 shares of the company’s stock, valued at approximately $1,544,700. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 21,990 shares of company stock valued at $125,141. Corporate insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Capitol Federal Financial

Several institutional investors and hedge funds have recently made changes to their positions in CFFN. Azora Capital LP bought a new stake in shares of Capitol Federal Financial during the fourth quarter valued at approximately $5,054,000. State of New Jersey Common Pension Fund D increased its position in shares of Capitol Federal Financial by 492.0% during the third quarter. State of New Jersey Common Pension Fund D now owns 432,996 shares of the savings and loans company’s stock valued at $2,065,000 after acquiring an additional 359,858 shares in the last quarter. Panagora Asset Management Inc. bought a new stake in shares of Capitol Federal Financial during the fourth quarter valued at approximately $1,922,000. Assenagon Asset Management S.A. increased its position in shares of Capitol Federal Financial by 770.6% during the third quarter. Assenagon Asset Management S.A. now owns 279,333 shares of the savings and loans company’s stock valued at $1,332,000 after acquiring an additional 247,248 shares in the last quarter. Finally, Caxton Associates LP bought a new stake in shares of Capitol Federal Financial during the third quarter valued at approximately $1,158,000. Institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.