Capitol Federal Financial, Inc. (NASDAQ:CFFN) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Thursday.
Separately, Zacks Investment Research raised Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Friday, June 9th.
Shares of Capitol Federal Financial (CFFN) traded down 0.15% during midday trading on Thursday, reaching $13.72. 15,410 shares of the company’s stock traded hands. Capitol Federal Financial has a 52-week low of $13.55 and a 52-week high of $17.04. The stock has a 50 day moving average of $14.02 and a 200-day moving average of $14.52. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 21.81 and a beta of 0.45.
Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly 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. The firm had revenue of $54.82 million for the quarter, compared to analyst estimates of $54.30 million. Capitol Federal Financial had a return on equity of 6.10% and a net margin of 25.51%. During the same period last year, the firm posted $0.15 earnings per share. On average, equities research analysts expect that Capitol Federal Financial will post $0.64 EPS for the current year.
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In related 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 bought at an average cost of $14.04 per share, with a total value of $63,531.00. Following the completion of the purchase, the insider now directly owns 53,545 shares in the company, valued at $751,771.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is owned by insiders.
A number of institutional investors have recently modified their holdings of the stock. Pacad Investment Ltd. raised its position in shares of Capitol Federal Financial by 4.0% in the second quarter. Pacad Investment Ltd. now owns 7,800 shares of the savings and loans company’s stock valued at $111,000 after buying an additional 300 shares during the period. Quantbot Technologies LP acquired a new position in shares of Capitol Federal Financial during the first quarter valued at about $126,000. Paloma Partners Management Co acquired a new position in shares of Capitol Federal Financial during the first quarter valued at about $203,000. Barber Financial Group Inc. raised its position in shares of 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 during the period. Finally, Prudential Financial Inc. raised its position in shares of 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 during the period. 75.45% of the stock is currently owned by hedge funds and other institutional investors.
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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