Capitol Federal Financial (NASDAQ:CFFN) Stock Passes Above 200-Day Moving Average – Time to Sell?

Capitol Federal Financial (NASDAQ:CFFN)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.76 and traded as high as $7.14. Capitol Federal Financial shares last traded at $7.10, with a volume of 655,467 shares traded.

Analyst Ratings Changes

CFFN has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capitol Federal Financial in a research report on Monday, December 29th. Keefe, Bruyette & Woods boosted their target price 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, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.25.

Capitol Federal Financial Trading Down 0.4%

The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.76. The firm has a market cap of $921.86 million, a PE ratio of 12.68 and a beta of 0.68. The business has a fifty day moving average price of $7.22 and a 200 day moving average price of $6.76.

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

Capitol Federal Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were given a dividend of $0.085 per share. The ex-dividend date was Friday, February 6th. This represents a $0.34 annualized dividend and a dividend yield of 4.8%. This is a boost from Capitol Federal Financial’s previous quarterly dividend of $0.04. Capitol Federal Financial’s payout ratio is presently 60.71%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV raised its stake in Capitol Federal Financial by 40.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 77,707 shares of the savings and loans company’s stock worth $529,000 after acquiring an additional 22,388 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Capitol Federal Financial in the fourth quarter valued at $103,000. VARCOV Co. acquired a new position in Capitol Federal Financial in the fourth quarter valued at $587,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of Capitol Federal Financial during the fourth quarter worth about $1,170,000. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of Capitol Federal Financial during the fourth quarter worth about $76,000. 88.51% of the stock is owned by hedge funds and other institutional investors.

Capitol Federal Financial Company Profile

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.