Capitol Federal Financial (NASDAQ:CFFN) Earns Market Perform Rating from Keefe, Bruyette & Woods

Capitol Federal Financial (NASDAQ:CFFN)‘s stock had its “market perform” rating reiterated by stock analysts at Keefe, Bruyette & Woods in a report released on Thursday, Benzinga reports. They presently have a $6.00 price target on the savings and loans company’s stock, down from their prior price target of $7.00. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 24.74% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Piper Sandler lowered their price objective 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 Performance

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

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.04. The company had revenue of $82.80 million during the quarter, compared to analysts’ expectations 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 last year, the company posted $0.12 earnings per share. As a group, sell-side analysts forecast that Capitol Federal Financial will post 0.44 earnings per share for the current fiscal year.

Insider Transactions at Capitol Federal Financial

In other news, EVP Rick C. Jackson bought 10,000 shares of the stock in a transaction dated Friday, March 1st. The stock was purchased at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the acquisition, 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 legal filing with the SEC, which is accessible through the SEC website. In other news, Director Morris J. Huey II bought 5,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of $5.70 per share, for a total transaction of $28,500.00. Following the acquisition, the director now owns 271,000 shares of the company’s stock, valued at $1,544,700. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Rick C. Jackson bought 10,000 shares of the stock in a transaction dated Friday, March 1st. The stock was purchased at an average price of $5.68 per share, with a total value of $56,800.00. Following the acquisition, the executive vice president now directly owns 181,428 shares in the company, valued at approximately $1,030,511.04. The disclosure for this purchase can be found here. In the last quarter, insiders bought 21,990 shares of company stock worth $125,141. 2.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Capitol Federal Financial

Several institutional investors have recently made changes to their positions in the company. Assenagon Asset Management S.A. lifted its holdings in Capitol Federal Financial by 770.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 279,333 shares of the savings and loans company’s stock valued at $1,332,000 after buying an additional 247,248 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Capitol Federal Financial by 6.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,793,378 shares of the savings and loans company’s stock valued at $8,554,000 after buying an additional 115,083 shares in the last quarter. Aigen Investment Management LP bought a new stake in Capitol Federal Financial during the 3rd quarter valued at about $215,000. Financial Counselors Inc. lifted its holdings in Capitol Federal Financial by 8.2% during the 4th 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 in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in Capitol Federal Financial by 4,393.5% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company’s stock valued at $31,000 after buying an additional 4,745 shares in the last quarter. Institutional investors own 88.51% of the company’s stock.

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.