Capitol Federal Financial (NASDAQ:CFFN) Upgraded at StockNews.com

Capitol Federal Financial (NASDAQ:CFFN) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Monday.

CFFN has been the subject of several other reports. Piper Sandler reduced their target price on Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Thursday, April 25th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $6.00 price objective (down from $7.00) on shares of Capitol Federal Financial in a report on Thursday, April 25th.

Capitol Federal Financial Stock Performance

Shares of CFFN traded down $0.02 during trading hours on Monday, reaching $5.47. 691,862 shares of the company traded hands, compared to its average volume of 890,639. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.34 and a current ratio of 1.34. The stock’s fifty day moving average is $5.17 and its 200 day moving average is $5.66. Capitol Federal Financial has a 1-year low of $4.22 and a 1-year high of $6.88. The stock has a market cap of $731.50 million, a P/E ratio of -5.82 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. The firm had revenue of $45.96 million during the quarter, compared to analysts’ expectations of $47.23 million. Equities research analysts anticipate that Capitol Federal Financial will post 0.42 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jeffrey M. Johnson purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was purchased at an average cost of $5.12 per share, with a total value of $51,200.00. Following the acquisition, the director now directly owns 97,900 shares of the company’s stock, valued at approximately $501,248. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

Hedge funds have recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Capitol Federal Financial by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock valued at $12,538,000 after purchasing an additional 150,482 shares in the last quarter. Azora Capital LP acquired a new stake in shares of Capitol Federal Financial in the fourth quarter valued at approximately $5,054,000. Assenagon Asset Management S.A. increased its holdings in shares of Capitol Federal Financial by 28.1% in the first quarter. Assenagon Asset Management S.A. now owns 419,921 shares of the savings and loans company’s stock valued at $2,503,000 after purchasing an additional 92,103 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Capitol Federal Financial by 8.2% in the first quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock valued at $2,161,000 after purchasing an additional 27,442 shares in the last quarter. Finally, Panagora Asset Management Inc. acquired a new stake in shares of Capitol Federal Financial in the fourth quarter valued at approximately $1,922,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

About Capitol Federal Financial

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.