BidaskClub upgraded shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) from a sell rating to a hold rating in a research report released on Saturday, August 26th.
Separately, Zacks Investment Research upgraded Capitol Federal Financial from a hold rating to a buy rating and set a $16.00 price target on the stock in a research note on Tuesday, May 2nd.
Shares of Capitol Federal Financial (CFFN) opened at 13.52 on Friday. The firm has a 50-day moving average price of $13.77 and a 200 day moving average price of $14.25. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 21.49 and a beta of 0.46. Capitol Federal Financial has a 52 week low of $13.21 and a 52 week high of $17.04.
Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.16. Capitol Federal Financial had a return on equity of 6.12% and a net margin of 25.51%. The company had revenue of $54.82 million for the quarter, compared to analysts’ expectations of $54.30 million. During the same period last year, the firm earned $0.15 earnings per share. On average, analysts forecast that Capitol Federal Financial will post $0.64 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Friday, August 4th were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date was Wednesday, August 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 53.97%.
In other Capitol Federal Financial news, insider Carlton A. Ricketts acquired 4,525 shares of the stock in a transaction on Tuesday, August 8th. The shares were bought at an average price of $14.04 per share, with a total value 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Natalie G. Haag purchased 2,200 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were purchased at an average cost of $13.66 per share, for a total transaction of $30,052.00. Following the purchase, the insider now directly owns 49,959 shares in the company, valued at $682,439.94. The disclosure for this purchase can be found here. Company insiders own 2.50% of the company’s stock.
Large investors have recently made changes to their positions in the company. Pacad Investment Ltd. raised its position in shares of Capitol Federal Financial by 4.0% during the 2nd quarter. Pacad Investment Ltd. now owns 7,800 shares of the savings and loans company’s stock worth $111,000 after purchasing an additional 300 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Capitol Federal Financial during the 1st quarter worth approximately $126,000. Paloma Partners Management Co acquired a new position in shares of Capitol Federal Financial during the 1st quarter worth approximately $203,000. Barber Financial Group Inc. raised its position in shares of Capitol Federal Financial by 7.6% during the 2nd quarter. Barber Financial Group Inc. now owns 14,625 shares of the savings and loans company’s stock worth $208,000 after purchasing an additional 1,036 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in shares of Capitol Federal Financial by 7.0% during the 2nd quarter. Prudential Financial Inc. now owns 14,881 shares of the savings and loans company’s stock worth $211,000 after purchasing an additional 980 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.
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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