Capitol Federal Financial (NASDAQ:CFFN) Rating Lowered to Sell at StockNews.com

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

Several other equities research analysts have also recently issued reports on CFFN. Piper Sandler decreased their price target on shares of Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating on the stock in a research note on Thursday, April 25th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $6.00 price target (down from $7.00) on shares of Capitol Federal Financial in a research note on Thursday, April 25th.

Get Our Latest Analysis on CFFN

Capitol Federal Financial Price Performance

Shares of NASDAQ CFFN opened at $5.60 on Tuesday. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $6.88. The stock has a market cap of $748.89 million, a price-to-earnings ratio of -5.96 and a beta of 0.50. The company’s 50-day moving average price is $5.23 and its 200 day moving average price is $5.62. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.29.

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) last released its quarterly earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. Capitol Federal Financial had a negative net margin of 33.99% and a positive return on equity of 3.85%. The company had revenue of $45.96 million for the quarter, compared to analysts’ expectations of $47.23 million. As a group, research analysts forecast that Capitol Federal Financial will post 0.42 earnings per share for the current fiscal year.

Insider Transactions at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson acquired 10,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were acquired at an average cost of $5.12 per share, for a total transaction of $51,200.00. Following the acquisition, the director now directly owns 97,900 shares in the company, valued at approximately $501,248. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CFFN. Azora Capital LP purchased a new position in Capitol Federal Financial in the fourth quarter valued at approximately $5,054,000. Pinnacle Wealth Planning Services Inc. purchased a new position in Capitol Federal Financial in the fourth quarter valued at approximately $229,000. Sage Rhino Capital LLC purchased a new position in Capitol Federal Financial in the fourth quarter valued at approximately $69,000. Cornerstone Investment Partners LLC purchased a new position in Capitol Federal Financial in the fourth quarter valued at approximately $174,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Capitol Federal Financial by 8.4% in the fourth 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 during the period. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Capitol Federal Financial Company Profile

(Get Free Report)

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.

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