BidaskClub upgraded shares of Capitol Federal Financial (NASDAQ:CFFN) from a strong sell rating to a sell rating in a report issued on Wednesday morning.
NASDAQ:CFFN traded down $0.31 on Wednesday, hitting $12.24. 468,770 shares of the company’s stock were exchanged, compared to its average volume of 346,862. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.37 and a quick ratio of 1.37. Capitol Federal Financial has a 52 week low of $12.03 and a 52 week high of $15.11. The stock has a market capitalization of $1.80 billion, a PE ratio of 19.60 and a beta of 0.46.
Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Monday, July 30th. The savings and loans company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. Capitol Federal Financial had a net margin of 28.26% and a return on equity of 6.68%. The firm had revenue of $54.86 million for the quarter.
In other news, Director Michel Philipp Cole bought 3,750 shares of the company’s stock in a transaction dated Wednesday, August 1st. The shares were bought at an average cost of $13.06 per share, with a total value of $48,975.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have acquired a total of 4,614 shares of company stock worth $60,360 over the last three months. Insiders own 2.20% of the company’s stock.
Several hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN raised its holdings in shares of Capitol Federal Financial by 2.4% in the 1st quarter. Wells Fargo & Company MN now owns 209,526 shares of the savings and loans company’s stock valued at $2,587,000 after purchasing an additional 4,845 shares during the period. Xact Kapitalforvaltning AB grew its stake in Capitol Federal Financial by 20.6% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 35,648 shares of the savings and loans company’s stock valued at $469,000 after buying an additional 6,100 shares during the last quarter. Verition Fund Management LLC grew its stake in Capitol Federal Financial by 63.1% in the 1st quarter. Verition Fund Management LLC now owns 19,233 shares of the savings and loans company’s stock valued at $238,000 after buying an additional 7,442 shares during the last quarter. Northern Trust Corp grew its stake in Capitol Federal Financial by 0.5% in the 1st quarter. Northern Trust Corp now owns 1,591,715 shares of the savings and loans company’s stock valued at $19,658,000 after buying an additional 8,052 shares during the last quarter. Finally, Creative Planning grew its stake in Capitol Federal Financial by 10.9% in the 2nd quarter. Creative Planning now owns 96,669 shares of the savings and loans company’s stock valued at $1,272,000 after buying an additional 9,486 shares during the last quarter. 74.42% of the stock is currently owned by institutional investors.
Capitol Federal Financial Company Profile
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 comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.
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