Capitol Federal Financial (NASDAQ:CFFN) Upgraded at StockNews.com

Capitol Federal Financial (NASDAQ:CFFN) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday.

A number of other research firms also recently issued reports on CFFN. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $6.00 price target (down previously from $7.00) on shares of Capitol Federal Financial in a research note on Thursday, April 25th. Piper Sandler cut their price target on Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a research note on Thursday, April 25th.

Capitol Federal Financial Stock Down 0.4 %

Shares of CFFN traded down $0.02 during trading hours on Monday, hitting $5.47. The stock had a trading volume of 691,862 shares, compared to its average volume of 890,639. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a 50 day simple moving average of $5.17 and a 200-day simple moving average of $5.66. The firm has a market capitalization of $731.50 million, a P/E ratio of -5.82 and a beta of 0.50. Capitol Federal Financial has a 1-year low of $4.22 and a 1-year high of $6.88.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $45.96 million during the quarter, compared to the consensus estimate of $47.23 million. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. Sell-side analysts predict that Capitol Federal Financial will post 0.42 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jeffrey M. Johnson bought 10,000 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were purchased at an average price of $5.12 per share, with a total value of $51,200.00. Following the transaction, the director now directly owns 97,900 shares in the company, valued at $501,248. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Capitol Federal Financial

Hedge funds have recently modified their holdings of the stock. Azora Capital LP bought a new stake in shares of Capitol Federal Financial in the 4th quarter worth approximately $5,054,000. Pinnacle Wealth Planning Services Inc. purchased a new position in Capitol Federal Financial in the 4th quarter valued at approximately $229,000. Sage Rhino Capital LLC purchased a new position in Capitol Federal Financial in the 4th quarter valued at approximately $69,000. Cornerstone Investment Partners LLC purchased a new position in Capitol Federal Financial in the 4th quarter valued at approximately $174,000. Finally, Charles Schwab Investment Management Inc. grew its stake in Capitol Federal Financial by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock valued at $12,538,000 after buying an additional 150,482 shares in the last quarter. Institutional investors own 88.51% 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, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.