Capitol Federal Financial Inc. (CFFN) Shares Gap Up to $13.89
Capitol Federal Financial Inc. (NASDAQ:CFFN) gapped up prior to trading on Tuesday . The stock had previously closed at $13.88, but opened at $13.89. Capitol Federal Financial shares last traded at $13.98, with a volume of 264,659 shares traded.
CFFN has been the subject of a number of recent research reports. Stephens initiated coverage on shares of Capitol Federal Financial in a report on Friday, August 26th. They issued an “equal weight” rating for the company. Zacks Investment Research raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th.
The stock has a market capitalization of $1.86 billion, a PE ratio of 22.84 and a beta of 0.40. The firm has a 50-day moving average price of $14.16 and a 200-day moving average price of $13.64.
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Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Thursday, July 28th. The company reported $0.15 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. Capitol Federal Financial had a net margin of 25.26% and a return on equity of 5.84%. On average, equities research analysts expect that Capitol Federal Financial Inc. will post $0.62 earnings per share for the current year.
In related news, insider Rick C. Jackson sold 51,000 shares of the firm’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $14.09, for a total transaction of $718,590.00. Following the sale, the insider now directly owns 133,753 shares in the company, valued at $1,884,579.77. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Natalie G. Haag sold 21,562 shares of the firm’s stock in a transaction on Friday, August 5th. The stock was sold at an average price of $14.00, for a total transaction of $301,868.00. Following the sale, the insider now owns 62,321 shares in the company, valued at $872,494. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by company insiders.
Several large investors have recently modified their holdings of the company. Norges Bank bought a new stake in shares of Capitol Federal Financial during the fourth quarter worth approximately $14,696,000. Creative Planning raised its stake in shares of Capitol Federal Financial by 11.6% in the first quarter. Creative Planning now owns 92,694 shares of the company’s stock worth $1,229,000 after buying an additional 9,606 shares during the last quarter. Ramsey Quantitative Systems raised its stake in shares of Capitol Federal Financial by 5.5% in the first quarter. Ramsey Quantitative Systems now owns 48,586 shares of the company’s stock worth $644,000 after buying an additional 2,519 shares during the last quarter. Teachers Advisors Inc. raised its stake in shares of Capitol Federal Financial by 0.3% in the first quarter. Teachers Advisors Inc. now owns 1,303,324 shares of the company’s stock worth $17,282,000 after buying an additional 3,973 shares during the last quarter. Finally, BlackRock Inc. raised its stake in shares of Capitol Federal Financial by 48.9% in the first quarter. BlackRock Inc. now owns 12,592 shares of the company’s stock worth $167,000 after buying an additional 4,138 shares during the last quarter. Institutional investors and hedge funds own 76.75% of the company’s stock.
About Capitol Federal Financial
Capitol Federal Financial, Inc is the savings and loan holding company for Capitol Federal Savings Bank (Capitol Federal Savings or the Bank). The Company is a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves. It attracts retail deposits from the general public and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences.
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