BidaskClub downgraded shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) from a hold rating to a sell rating in a research report sent to investors on Thursday, July 13th.
A number of other equities research analysts also recently commented on the company. Zacks Investment Research downgraded Capitol Federal Financial from a hold rating to a sell rating in a research report on Monday, March 27th. Keefe, Bruyette & Woods restated a hold rating and issued a $15.00 target price on shares of Capitol Federal Financial in a research report on Wednesday, April 5th.
Shares of Capitol Federal Financial (NASDAQ CFFN) opened at 13.90 on Thursday. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 22.10 and a beta of 0.45. Capitol Federal Financial has a 1-year low of $13.55 and a 1-year high of $17.04. The firm has a 50-day moving average price of $14.04 and a 200-day moving average price of $14.58.
Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Thursday, July 27th. The savings and loans company reported $0.16 EPS for the quarter, meeting 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 for the quarter, compared to the consensus estimate of $54.30 million. During the same quarter in the previous year, the business earned $0.15 earnings per share. Equities analysts forecast that Capitol Federal Financial will post $0.64 EPS for the current year.
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The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Friday, August 4th will be issued a $0.085 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $0.34 annualized dividend and a dividend yield of 2.45%. Capitol Federal Financial’s dividend payout ratio is presently 53.97%.
In other news, insider Carlton A. Ricketts acquired 4,525 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of $14.04 per share, for a total transaction of $63,531.00. Following the acquisition, the insider now owns 53,545 shares of the company’s stock, valued at $751,771.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.50% of the stock is currently owned by insiders.
Several large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. increased its stake in Capitol Federal Financial by 41.6% in the second quarter. Principal Financial Group Inc. now owns 21,686 shares of the savings and loans company’s stock valued at $308,000 after buying an additional 6,366 shares in the last quarter. Prudential Financial Inc. increased its stake in Capitol Federal Financial by 7.0% in the second quarter. Prudential Financial Inc. now owns 14,881 shares of the savings and loans company’s stock valued at $211,000 after buying an additional 980 shares in the last quarter. Barber Financial Group Inc. increased its stake in Capitol Federal Financial by 7.6% in the second quarter. Barber Financial Group Inc. now owns 14,625 shares of the savings and loans company’s stock valued at $208,000 after buying an additional 1,036 shares in the last quarter. American Century Companies Inc. increased its stake in Capitol Federal Financial by 1.9% in the second quarter. American Century Companies Inc. now owns 20,571,331 shares of the savings and loans company’s stock valued at $292,319,000 after buying an additional 390,728 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in Capitol Federal Financial by 8.1% in the second quarter. Victory Capital Management Inc. now owns 71,444 shares of the savings and loans company’s stock valued at $1,015,000 after buying an additional 5,338 shares in the last quarter. Hedge funds and other institutional investors own 75.45% of the company’s stock.
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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