Capitol Federal Financial (NASDAQ:CFFN) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Capitol Federal Financial (NASDAQ:CFFN) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 trading hands.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Keefe, Bruyette & Woods upped their price objective on shares of Capitol Federal Financial from $6.50 to $7.50 and gave the company a “market perform” rating in a research report on Thursday, January 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Capitol Federal Financial in a research note on Monday, December 29th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Capitol Federal Financial currently has a consensus rating of “Hold” and a consensus target price of $7.25.

Capitol Federal Financial Stock Down 2.5%

The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.24 and a current ratio of 1.24. The firm’s fifty day simple moving average is $7.22 and its 200 day simple moving average is $6.77. The stock has a market capitalization of $898.49 million, a price-to-earnings ratio of 12.36 and a beta of 0.68.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 28th. The savings and loans company reported $0.16 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $56.80 million during the quarter, compared to analysts’ expectations of $56.02 million. On average, sell-side analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current year.

Capitol Federal Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Friday, February 6th. This is a boost from Capitol Federal Financial’s previous quarterly dividend of $0.04. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 60.71%.

Institutional Trading of Capitol Federal Financial

Several hedge funds and other institutional investors have recently modified their holdings of CFFN. Smartleaf Asset Management LLC boosted its position in shares of Capitol Federal Financial by 72.0% during the third quarter. Smartleaf Asset Management LLC now owns 4,926 shares of the savings and loans company’s stock worth $31,000 after buying an additional 2,062 shares during the period. Osaic Holdings Inc. raised its position in Capitol Federal Financial by 474.6% in the 2nd quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company’s stock valued at $35,000 after buying an additional 4,760 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Capitol Federal Financial by 180.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company’s stock valued at $52,000 after acquiring an additional 5,470 shares in the last quarter. Strs Ohio acquired a new position in Capitol Federal Financial during the 1st quarter worth approximately $59,000. Finally, Qube Research & Technologies Ltd acquired a new position in Capitol Federal Financial during the 2nd quarter worth approximately $64,000. 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.