BidaskClub Lowers Capitol Federal Financial (NASDAQ:CFFN) to Sell

Share on StockTwits

BidaskClub downgraded shares of Capitol Federal Financial (NASDAQ:CFFN) from a hold rating to a sell rating in a research note published on Friday, September 21st.

CFFN traded down $0.31 during trading on Friday, hitting $12.24. The company had a trading volume of 468,770 shares, compared to its average volume of 346,862. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.70. Capitol Federal Financial has a one year low of $12.03 and a one year high of $15.11. The stock has a market capitalization of $1.80 billion, a P/E ratio of 19.60 and a beta of 0.46.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Monday, July 30th. The savings and loans company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. Capitol Federal Financial had a net margin of 28.26% and a return on equity of 6.68%. The firm had revenue of $54.86 million for the quarter.

In other news, Director Michel Philipp Cole bought 3,750 shares of the company’s stock in a transaction dated Wednesday, August 1st. The shares were bought at an average cost of $13.06 per share, with a total value of $48,975.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders bought 4,614 shares of company stock worth $60,360. 2.20% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in CFFN. Hsbc Holdings PLC acquired a new position in Capitol Federal Financial in the 1st quarter valued at about $126,000. Guggenheim Capital LLC acquired a new position in shares of Capitol Federal Financial during the 1st quarter worth approximately $126,000. Ladenburg Thalmann Financial Services Inc. grew its position in shares of Capitol Federal Financial by 2,713.4% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,604 shares of the savings and loans company’s stock worth $156,000 after purchasing an additional 12,156 shares in the last quarter. Vident Investment Advisory LLC acquired a new position in shares of Capitol Federal Financial during the 2nd quarter worth approximately $159,000. Finally, Asset Management One Co. Ltd. acquired a new position in shares of Capitol Federal Financial during the 1st quarter worth approximately $161,000. Institutional investors and hedge funds own 74.42% 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 comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.

Further Reading: What Does Beta Mean In Stock Selection

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.