Capitol Federal Financial (NASDAQ:CFFN) Downgraded by StockNews.com

StockNews.com lowered shares of Capitol Federal Financial (NASDAQ:CFFNFree Report) from a hold rating to a sell rating in a research report released on Friday.

Other analysts have also issued reports about the stock. Keefe, Bruyette & Woods reiterated a market perform rating and set a $6.00 target price (down from $7.00) on shares of Capitol Federal Financial in a research report on Thursday, April 25th. Piper Sandler lowered their target price on Capitol Federal Financial from $6.00 to $5.50 and set a neutral rating for the company in a research note on Thursday, April 25th.

Read Our Latest Stock Analysis on CFFN

Capitol Federal Financial Trading Up 1.7 %

Shares of CFFN opened at $5.28 on Friday. The stock’s 50-day moving average price is $5.37 and its 200 day moving average price is $5.72. The company has a quick ratio of 1.37, a current ratio of 1.34 and a debt-to-equity ratio of 2.29. The firm has a market capitalization of $706.09 million, a price-to-earnings ratio of -5.62 and a beta of 0.47. Capitol Federal Financial has a 12-month low of $4.22 and a 12-month high of $6.88.

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) last issued its earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. The business had revenue of $45.96 million during the quarter, compared to analyst estimates of $47.23 million. As a group, research analysts predict that Capitol Federal Financial will post 0.42 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Friday, May 3rd were given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 6.44%. The ex-dividend date was Thursday, May 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Insiders Place Their Bets

In other news, EVP Rick C. Jackson bought 10,000 shares of the stock in a transaction dated Friday, March 1st. The stock was bought at an average cost of $5.68 per share, with a total value of $56,800.00. Following the purchase, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In other Capitol Federal Financial news, EVP Rick C. Jackson bought 10,000 shares of Capitol Federal Financial stock in a transaction dated Friday, March 1st. The shares were bought at an average price of $5.68 per share, with a total value of $56,800.00. Following the purchase, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Morris J. Huey II purchased 5,000 shares of the company’s stock in a transaction that occurred 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 completion of the purchase, the director now owns 271,000 shares of the company’s stock, valued at $1,544,700. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 21,990 shares of company stock valued at $125,141. 2.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Capitol Federal Financial

A number of institutional investors have recently made changes to their positions in the stock. Assenagon Asset Management S.A. lifted its stake in Capitol Federal Financial by 770.6% in 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 buying an additional 247,248 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Capitol Federal Financial by 6.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,793,378 shares of the savings and loans company’s stock worth $8,554,000 after acquiring an additional 115,083 shares during the last quarter. Aigen Investment Management LP acquired a new position in Capitol Federal Financial during the third quarter valued at approximately $215,000. Cornerstone Investment Partners LLC bought a new stake in Capitol Federal Financial in the fourth quarter valued at approximately $174,000. Finally, Financial Counselors Inc. raised its holdings in Capitol Federal Financial by 8.2% in the fourth quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock worth $177,000 after purchasing an additional 2,070 shares during the period. 88.51% of the stock is owned by institutional investors and hedge funds.

Capitol Federal Financial Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Capitol Federal Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitol Federal Financial and related companies with MarketBeat.com's FREE daily email newsletter.