Capitol Federal Financial (NASDAQ:CFFN) Share Price Crosses 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 Monday . The stock has a two hundred day moving average of $7.35 and traded as high as $8.25. Capitol Federal Financial shares last traded at $8.19, with a volume of 775,274 shares changing hands.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Weiss Ratings upgraded Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Piper Sandler boosted their price target on shares of Capitol Federal Financial from $8.00 to $8.50 and gave the company a “neutral” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $8.00.

Capitol Federal Financial Stock Up 1.4%

The firm’s 50 day simple moving average is $7.80 and its 200 day simple moving average is $7.35. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 13.65 and a beta of 0.69. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.66.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $57.73 million for the quarter, compared to the consensus estimate of $56.97 million. Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%. Sell-side analysts anticipate that Capitol Federal Financial will post 0.71 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, May 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 56.67%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Capitol Federal Financial by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company’s stock worth $86,424,000 after acquiring an additional 442,592 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Capitol Federal Financial by 4.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,790,130 shares of the savings and loans company’s stock valued at $48,413,000 after purchasing an additional 263,238 shares during the period. AQR Capital Management LLC raised its stake in shares of Capitol Federal Financial by 13.2% during the fourth quarter. AQR Capital Management LLC now owns 3,840,400 shares of the savings and loans company’s stock valued at $26,153,000 after purchasing an additional 447,342 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Capitol Federal Financial by 7.7% during the third quarter. American Century Companies Inc. now owns 3,492,927 shares of the savings and loans company’s stock valued at $22,180,000 after purchasing an additional 249,231 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Capitol Federal Financial by 10.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,264,146 shares of the savings and loans company’s stock worth $23,273,000 after purchasing an additional 309,342 shares during the period. Institutional investors and hedge funds own 88.51% of the company’s stock.

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.