Capitol Federal Financial (NASDAQ:CFFN) Rating Reiterated by Keefe, Bruyette & Woods

Capitol Federal Financial (NASDAQ:CFFN)‘s stock had its “market perform” rating restated by equities research analysts at Keefe, Bruyette & Woods in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $6.00 target price on the savings and loans company’s stock, down from their prior target price of $7.00. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 24.74% from the stock’s current price.

A number of other research firms have also commented on CFFN. Piper Sandler reduced their price target on shares of Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Thursday. StockNews.com upgraded shares of Capitol Federal Financial to a “sell” rating in a research report on Tuesday, January 23rd.

Capitol Federal Financial Stock Down 3.0 %

CFFN opened at $4.81 on Thursday. The company has a fifty day moving average price of $5.61 and a 200-day moving average price of $5.66. The firm has a market capitalization of $643.24 million, a P/E ratio of -5.12 and a beta of 0.42. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.34 and a quick ratio of 1.37. Capitol Federal Financial has a one year low of $4.22 and a one year high of $6.88.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. The firm had revenue of $82.80 million during the quarter, compared to analyst estimates of $40.45 million. Capitol Federal Financial had a negative net margin of 33.99% and a positive return on equity of 3.85%. During the same period in the previous year, the business earned $0.12 EPS. Equities research analysts expect that Capitol Federal Financial will post 0.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Rick C. Jackson bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was bought at an average cost of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the transaction, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Rick C. Jackson bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was bought at an average cost of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the transaction, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Morris J. Huey II purchased 5,000 shares of the stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of $5.70 per share, with a total value of $28,500.00. Following the completion of the purchase, the director now directly owns 271,000 shares of the company’s stock, valued at $1,544,700. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 21,990 shares of company stock worth $125,141. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

Several large investors have recently modified their holdings of CFFN. New York State Common Retirement Fund raised its position in Capitol Federal Financial by 3.4% during the 4th quarter. New York State Common Retirement Fund now owns 50,800 shares of the savings and loans company’s stock valued at $328,000 after purchasing an additional 1,658 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Capitol Federal Financial by 23.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,371 shares of the savings and loans company’s stock valued at $67,000 after purchasing an additional 2,002 shares in the last quarter. Financial Counselors Inc. increased its position in shares of Capitol Federal Financial by 8.2% during the fourth quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock valued at $177,000 after buying an additional 2,070 shares during the period. Swiss National Bank increased its position in shares of Capitol Federal Financial by 0.9% during the third quarter. Swiss National Bank now owns 284,300 shares of the savings and loans company’s stock valued at $1,356,000 after buying an additional 2,400 shares during the period. Finally, Midwest Financial Group LLC increased its position in shares of Capitol Federal Financial by 4.9% during the fourth quarter. Midwest Financial Group LLC now owns 58,610 shares of the savings and loans company’s stock valued at $378,000 after buying an additional 2,750 shares during the period. 88.51% of the stock is owned by institutional investors.

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.