Capitol Federal Financial (NASDAQ:CFFN - Free Report) had its price target trimmed by Piper Sandler from $7.00 to $6.50 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the savings and loans company's stock.
Capitol Federal Financial Price Performance
Shares of Capitol Federal Financial stock traded down $0.01 during trading on Thursday, hitting $5.95. 399,533 shares of the company were exchanged, compared to its average volume of 758,243. Capitol Federal Financial has a fifty-two week low of $4.76 and a fifty-two week high of $7.20. The company has a quick ratio of 1.31, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The firm has a 50 day moving average price of $6.11 and a 200 day moving average price of $6.11. The stock has a market capitalization of $789.32 million, a price-to-earnings ratio of 15.24 and a beta of 0.50.
Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, equities analysts expect that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.
Capitol Federal Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date of this dividend is Friday, February 7th. Capitol Federal Financial's dividend payout ratio is currently 87.18%.
Insider Buying and Selling at Capitol Federal Financial
In other Capitol Federal Financial news, Director James G. Morris purchased 15,000 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average price of $6.84 per share, for a total transaction of $102,600.00. Following the completion of the acquisition, the director now owns 85,995 shares of the company's stock, valued at approximately $588,205.80. This represents a 21.13 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.20% of the stock is owned by company insiders.
Institutional Investors Weigh In On Capitol Federal Financial
Several large investors have recently made changes to their positions in CFFN. IFS Advisors LLC increased its holdings in Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company's stock valued at $26,000 after purchasing an additional 4,216 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in shares of Capitol Federal Financial in the fourth quarter worth about $53,000. KBC Group NV raised its holdings in shares of Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company's stock valued at $54,000 after buying an additional 3,463 shares during the period. Point72 DIFC Ltd acquired a new position in Capitol Federal Financial during the 3rd quarter worth approximately $66,000. Finally, EP Wealth Advisors LLC purchased a new position in Capitol Federal Financial in the 3rd quarter worth approximately $66,000. Institutional investors and hedge funds own 88.51% of the company's stock.
About Capitol Federal Financial
(
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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