BidaskClub lowered shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) from a hold rating to a sell rating in a research report report published on Thursday, July 13th.
CFFN has been the subject of a number of other research reports. Zacks Investment Research raised Capitol Federal Financial from a hold rating to a buy rating and set a $16.00 price target for the company in a research report on Friday, June 9th. Keefe, Bruyette & Woods reaffirmed a hold rating and set a $15.00 price target on shares of Capitol Federal Financial in a research report on Wednesday, April 5th.
Capitol Federal Financial (NASDAQ:CFFN) traded down 0.95% during midday trading on Thursday, reaching $13.50. The company’s stock had a trading volume of 445,352 shares. The firm has a 50 day moving average price of $14.02 and a 200-day moving average price of $14.52. Capitol Federal Financial has a 12-month low of $13.44 and a 12-month high of $17.04. The company has a market cap of $1.81 billion, a P/E ratio of 21.46 and a beta of 0.45.
Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Thursday, July 27th. The savings and loans company reported $0.16 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.16. Capitol Federal Financial had a return on equity of 6.10% and a net margin of 25.51%. The company had revenue of $54.82 million during the quarter, compared to analysts’ expectations of $54.30 million. During the same quarter in the previous year, the firm posted $0.15 EPS. On average, equities research analysts predict that Capitol Federal Financial will post $0.64 earnings per share for the current fiscal year.
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The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Friday, August 4th will be issued a $0.085 dividend. The ex-dividend date is Wednesday, August 2nd. This represents a $0.34 annualized dividend and a dividend yield of 2.52%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 53.97%.
In related news, insider Carlton A. Ricketts acquired 4,525 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was acquired at an average price of $14.04 per share, with a total value of $63,531.00. Following the acquisition, the insider now directly owns 53,545 shares in the company, valued at approximately $751,771.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.50% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Capitol Federal Financial by 0.3% in the fourth quarter. AQR Capital Management LLC now owns 41,472 shares of the savings and loans company’s stock worth $683,000 after buying an additional 144 shares during the last quarter. IFP Advisors Inc boosted its position in Capitol Federal Financial by 0.9% in the second quarter. IFP Advisors Inc now owns 17,238 shares of the savings and loans company’s stock worth $245,000 after buying an additional 157 shares during the last quarter. Amalgamated Bank boosted its position in Capitol Federal Financial by 1.3% in the second quarter. Amalgamated Bank now owns 16,238 shares of the savings and loans company’s stock worth $231,000 after buying an additional 210 shares during the last quarter. Pacad Investment Ltd. boosted its position in Capitol Federal Financial by 4.0% in the second quarter. Pacad Investment Ltd. now owns 7,800 shares of the savings and loans company’s stock worth $111,000 after buying an additional 300 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its position in Capitol Federal Financial by 3.0% in the fourth quarter. Guggenheim Capital LLC now owns 14,930 shares of the savings and loans company’s stock worth $246,000 after buying an additional 432 shares during the last quarter. 75.45% of the stock is owned by institutional investors.
Capitol Federal Financial Company Profile
Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.
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