Capitol Federal Financial (CFFN) Downgraded by BidaskClub to Strong Sell

Capitol Federal Financial (NASDAQ:CFFN) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Friday.

Separately, Zacks Investment Research lowered shares of Capitol Federal Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 22nd.

Shares of Capitol Federal Financial (CFFN) traded up $0.22 during midday trading on Friday, reaching $13.63. 378,818 shares of the company traded hands, compared to its average volume of 306,632. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $1,884.09, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 4.26 and a beta of 0.47. Capitol Federal Financial has a 12 month low of $13.03 and a 12 month high of $16.13.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Friday, October 27th. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). The business had revenue of $55.55 million for the quarter, compared to the consensus estimate of $56.10 million. Capitol Federal Financial had a net margin of 25.09% and a return on equity of 6.14%. analysts predict that Capitol Federal Financial will post 0.64 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Capitol Federal Financial by 0.8% in the second quarter. Vanguard Group Inc. now owns 11,008,902 shares of the savings and loans company’s stock worth $156,436,000 after purchasing an additional 82,839 shares during the period. BlackRock Inc. boosted its position in shares of Capitol Federal Financial by 1.2% in the second quarter. BlackRock Inc. now owns 8,704,362 shares of the savings and loans company’s stock worth $123,689,000 after purchasing an additional 102,049 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Capitol Federal Financial by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 8,476,045 shares of the savings and loans company’s stock worth $124,598,000 after purchasing an additional 201,750 shares during the period. Renaissance Technologies LLC boosted its position in shares of Capitol Federal Financial by 2.7% in the second quarter. Renaissance Technologies LLC now owns 7,681,597 shares of the savings and loans company’s stock worth $109,155,000 after purchasing an additional 200,700 shares during the period. Finally, State Street Corp boosted its position in shares of Capitol Federal Financial by 4.9% in the second quarter. State Street Corp now owns 2,977,389 shares of the savings and loans company’s stock worth $42,304,000 after purchasing an additional 138,510 shares during the period. Institutional investors and hedge funds own 75.26% of the company’s stock.

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Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.

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