Capitol Federal Financial (NASDAQ:CFFN) Stock Price Passes Above 200 Day Moving Average - Here's Why

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.76 and traded as high as $6.17. Capitol Federal Financial shares last traded at $6.10, with a volume of 692,281 shares.

Capitol Federal Financial Price Performance

The company has a debt-to-equity ratio of 2.07, a current ratio of 1.28 and a quick ratio of 1.28. The stock's 50 day simple moving average is $5.82 and its two-hundred day simple moving average is $5.77. The stock has a market cap of $853.91 million, a price-to-earnings ratio of 16.08 and a beta of 0.56.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The firm had revenue of $48.79 million during the quarter, compared to the consensus estimate of $47.81 million. Capitol Federal Financial had a return on equity of 5.10% and a net margin of 12.91%. On average, analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 2nd were issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.29%. The ex-dividend date was Friday, May 2nd. Capitol Federal Financial's payout ratio is presently 85.00%.

Insider Activity at Capitol Federal Financial

In related news, EVP Rick C. Jackson acquired 15,000 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was bought at an average price of $5.69 per share, with a total value of $85,350.00. Following the acquisition, the executive vice president owned 206,428 shares in the company, valued at $1,174,575.32. This represents a 7.84% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey M. Johnson purchased 20,000 shares of the company's stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average price of $5.56 per share, for a total transaction of $111,200.00. Following the purchase, the director owned 132,900 shares in the company, valued at $738,924. This trade represents a 17.71% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.20% of the company's stock.

Institutional Investors Weigh In On Capitol Federal Financial

Large investors have recently added to or reduced their stakes in the business. Nuveen Asset Management LLC raised its stake in Capitol Federal Financial by 11.1% in the 4th quarter. Nuveen Asset Management LLC now owns 1,669,936 shares of the savings and loans company's stock valued at $9,869,000 after acquiring an additional 167,445 shares during the period. GAMMA Investing LLC raised its stake in Capitol Federal Financial by 474.5% in the 1st quarter. GAMMA Investing LLC now owns 67,295 shares of the savings and loans company's stock valued at $377,000 after acquiring an additional 55,582 shares during the period. Virtu Financial LLC bought a new stake in Capitol Federal Financial in the 4th quarter valued at $116,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Capitol Federal Financial by 26.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 236,559 shares of the savings and loans company's stock valued at $1,398,000 after acquiring an additional 49,582 shares during the period. Finally, ProShare Advisors LLC raised its stake in Capitol Federal Financial by 44.5% in the 4th quarter. ProShare Advisors LLC now owns 37,350 shares of the savings and loans company's stock valued at $221,000 after acquiring an additional 11,507 shares during the period. Institutional investors own 88.51% of the company's stock.

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, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.