Keefe, Bruyette & Woods Boosts Capitol Federal Financial (NASDAQ:CFFN) Price Target to $7.50

Capitol Federal Financial (NASDAQ:CFFN) had its price target increased by research analysts at Keefe, Bruyette & Woods from $6.50 to $7.50 in a report issued on Thursday,Benzinga reports. The brokerage currently has a “market perform” rating on the savings and loans company’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 3.95% from the stock’s current price.

A number of other equities analysts also recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Capitol Federal Financial in a research note on Monday, December 29th. Zacks Research upgraded Capitol Federal Financial to a “hold” rating in a report on Tuesday, November 4th. Finally, Piper Sandler began coverage on Capitol Federal Financial in a report on Wednesday, October 22nd. They set a “neutral” rating and a $7.00 price target on the stock. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, Capitol Federal Financial presently has a consensus rating of “Hold” and an average target price of $7.25.

Capitol Federal Financial Trading Up 1.6%

Shares of Capitol Federal Financial stock traded up $0.12 during trading on Thursday, hitting $7.22. The company’s stock had a trading volume of 313,595 shares, compared to its average volume of 954,149. The stock has a market cap of $948.34 million, a price-to-earnings ratio of 13.86 and a beta of 0.69. Capitol Federal Financial has a 52 week low of $4.90 and a 52 week high of $7.40. The stock has a 50-day moving average price of $6.81 and a two-hundred day moving average price of $6.44. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.26 and a quick ratio of 1.26.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 28th. The savings and loans company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. Capitol Federal Financial had a return on equity of 6.54% and a net margin of 16.19%.The firm had revenue of $56.80 million for the quarter, compared to analyst estimates of $56.02 million. Equities research analysts anticipate that Capitol Federal Financial will post 0.46 EPS for the current fiscal year.

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, EVP Rick C. Jackson purchased 8,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average price of $6.05 per share, with a total value of $48,400.00. Following the transaction, the executive vice president owned 156,752 shares in the company, valued at $948,349.60. The trade was a 5.38% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Capitol Federal Financial

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Capitol Federal Financial by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company’s stock worth $86,424,000 after acquiring an additional 442,592 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Capitol Federal Financial by 20.0% in the 4th quarter. Merit Financial Group LLC now owns 26,572 shares of the savings and loans company’s stock worth $181,000 after buying an additional 4,430 shares during the last quarter. CWM LLC grew its holdings in shares of Capitol Federal Financial by 16.6% in the fourth quarter. CWM LLC now owns 188,703 shares of the savings and loans company’s stock valued at $1,285,000 after acquiring an additional 26,931 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Capitol Federal Financial during the fourth quarter valued at approximately $72,000. Finally, Pallas Capital Advisors LLC lifted its holdings in Capitol Federal Financial by 8.5% during the fourth quarter. Pallas Capital Advisors LLC now owns 35,008 shares of the savings and loans company’s stock worth $238,000 after acquiring an additional 2,745 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.