Capitol Federal Financial (NASDAQ:CFFN) Shares Pass Above 200 Day Moving Average – Time to Sell?

Capitol Federal Financial (NASDAQ:CFFN)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.64 and traded as high as $7.32. Capitol Federal Financial shares last traded at $7.30, with a volume of 724,537 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Capitol Federal Financial in a report on Monday, December 29th. Zacks Research upgraded Capitol Federal Financial to a “hold” rating in a research report on Tuesday, November 4th. Finally, Keefe, Bruyette & Woods raised their price objective on Capitol Federal Financial from $6.50 to $7.50 and gave the stock a “market perform” rating in a research note on Thursday, January 29th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.25.

Capitol Federal Financial Stock Performance

The firm’s 50-day moving average price is $7.12 and its two-hundred day moving average price is $6.64. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $947.83 million, a PE ratio of 13.04 and a beta of 0.69.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, January 28th. The savings and loans company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Capitol Federal Financial had a net margin of 16.98% and a return on equity of 6.99%. The firm had revenue of $56.80 million during the quarter, compared to analyst estimates of $56.02 million. As a group, research analysts predict that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, February 6th. This is a positive change from Capitol Federal Financial’s previous quarterly dividend of $0.04. This represents a $0.34 annualized dividend and a yield of 4.7%. Capitol Federal Financial’s payout ratio is presently 60.71%.

Institutional Investors Weigh In On Capitol Federal Financial

A number of institutional investors have recently bought and sold shares of CFFN. HoldCo Asset Management LP acquired a new position in shares of Capitol Federal Financial in the 2nd quarter valued at about $39,443,000. Millennium Management LLC boosted its holdings in shares of Capitol Federal Financial by 384.4% during the third quarter. Millennium Management LLC now owns 1,122,725 shares of the savings and loans company’s stock worth $7,129,000 after purchasing an additional 890,959 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Capitol Federal Financial by 36.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,926,820 shares of the savings and loans company’s stock valued at $17,854,000 after purchasing an additional 785,339 shares in the last quarter. CSM Advisors LLC acquired a new position in Capitol Federal Financial in the 2nd quarter valued at approximately $4,373,000. Finally, AQR Capital Management LLC increased its stake in Capitol Federal Financial by 39.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,418,765 shares of the savings and loans company’s stock valued at $14,754,000 after buying an additional 688,130 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.

About Capitol Federal Financial

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.