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

StockNews.com downgraded shares of Capitol Federal Financial (NASDAQ:CFFN) from a hold rating to a sell rating in a research report released on Tuesday morning.

Several other analysts have also recently weighed in on CFFN. Piper Sandler cut their price objective on Capitol Federal Financial from $6.00 to $5.50 and set a neutral rating on the stock in a research report on Thursday, April 25th. Keefe, Bruyette & Woods reissued a market perform rating and issued a $6.00 price target (down from $7.00) on shares of Capitol Federal Financial in a research report on Thursday, April 25th.

Capitol Federal Financial Stock Performance

Capitol Federal Financial stock opened at $5.85 on Tuesday. The stock’s 50 day simple moving average is $5.25 and its two-hundred day simple moving average is $5.62. 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 has a market cap of $782.32 million, a price-to-earnings ratio of -6.22 and a beta of 0.50. Capitol Federal Financial has a fifty-two week low of $4.22 and a fifty-two week high of $6.88.

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

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Shareholders of record on Friday, May 3rd were paid a dividend of $0.085 per share. The ex-dividend date was Thursday, May 2nd. This represents a $0.34 dividend on an annualized basis and a yield of 5.81%. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Insider Transactions at Capitol Federal Financial

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

Institutional Investors Weigh In On Capitol Federal Financial

Several institutional investors have recently modified their holdings of the business. GAMMA Investing LLC purchased a new position in Capitol Federal Financial in the 4th quarter worth about $25,000. Massmutual Trust Co. FSB ADV raised its holdings in shares of Capitol Federal Financial by 4,393.5% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company’s stock valued at $31,000 after purchasing an additional 4,745 shares during the last quarter. CWM LLC lifted its position in Capitol Federal Financial by 922.8% during the fourth quarter. CWM LLC now owns 4,981 shares of the savings and loans company’s stock valued at $32,000 after purchasing an additional 4,494 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Capitol Federal Financial by 172.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,830 shares of the savings and loans company’s stock worth $51,000 after purchasing an additional 4,960 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new stake in Capitol Federal Financial in the 1st quarter worth approximately $62,000. 88.51% of the stock is owned by hedge funds and other institutional investors.

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.