Capitol Federal Financial (NASDAQ:CFFN) Stock Passes Above 200 Day Moving Average – Time to Sell?

Capitol Federal Financial, Inc. (NASDAQ:CFFN) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.09 and traded as high as $6.26. Capitol Federal Financial shares last traded at $6.18, with a volume of 506,733 shares changing hands.

Analysts Set New Price Targets

Separately, Piper Sandler decreased their price target on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, January 30th.

Capitol Federal Financial Stock Performance

The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The company’s 50-day moving average is $5.96 and its two-hundred day moving average is $6.09. The company has a market capitalization of $803.38 million, a P/E ratio of 15.51 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. Equities analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.62%. The ex-dividend date is Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is 87.18%.

Insiders Place Their Bets

In other news, Director James G. Morris bought 15,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average price of $6.84 per share, with a total value of $102,600.00. Following the completion of the purchase, the director now directly owns 85,995 shares in the company, valued at $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jeffrey M. Johnson bought 5,000 shares of the business’s stock in a transaction on Friday, January 31st. The stock was purchased at an average cost of $5.97 per share, with a total value of $29,850.00. Following the purchase, the director now owns 102,900 shares of the company’s stock, valued at $614,313. This represents a 5.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.20% of the stock is owned by insiders.

Institutional Trading of Capitol Federal Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in Capitol Federal Financial by 131.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock worth $43,000 after buying an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in shares of Capitol Federal Financial during the fourth quarter valued at approximately $53,000. KBC Group NV grew its holdings in shares of Capitol Federal Financial by 59.8% in the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after purchasing an additional 3,463 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new position in shares of Capitol Federal Financial in the fourth quarter worth approximately $60,000. Finally, Wealthstream Advisors Inc. bought a new position in shares of Capitol Federal Financial in the fourth quarter worth approximately $63,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

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.