Capitol Federal Financial (NASDAQ:CFFN) Price Target Cut to $5.50

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) had its price objective cut by equities researchers at Piper Sandler from $6.00 to $5.50 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a "neutral" rating on the savings and loans company's stock. Piper Sandler's price target points to a potential upside of 10.89% from the stock's current price.

Separately, StockNews.com upgraded shares of Capitol Federal Financial to a "sell" rating in a research report on Tuesday, January 23rd.

Capitol Federal Financial Stock Performance

CFFN stock traded down $0.22 during trading on Thursday, hitting $4.96. 1,667,866 shares of the company's stock traded hands, compared to its average volume of 928,451. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 2.29. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $6.88. The stock has a fifty day moving average price of $5.64 and a two-hundred day moving average price of $5.67. The stock has a market capitalization of $663.30 million, a price-to-earnings ratio of -5.28 and a beta of 0.42.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.04. Capitol Federal Financial had a negative net margin of 34.17% and a positive return on equity of 3.85%. The firm had revenue of $82.80 million during the quarter, compared to analyst estimates of $40.45 million. During the same quarter in the previous year, the firm earned $0.12 earnings per share. As a group, equities analysts anticipate that Capitol Federal Financial will post 0.44 EPS for the current fiscal year.

Insider Activity at Capitol Federal Financial

In related news, EVP Rick C. Jackson bought 10,000 shares of the firm's stock in a transaction that occurred on Friday, March 1st. The stock was purchased at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the transaction, the executive vice president now directly owns 181,428 shares of the company's stock, valued at approximately $1,030,511.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Capitol Federal Financial news, EVP Rick C. Jackson purchased 10,000 shares of the business's stock in a transaction on Friday, March 1st. The stock was bought at an average cost of $5.68 per share, with a total value of $56,800.00. Following the acquisition, the executive vice president now owns 181,428 shares of the company's stock, valued at $1,030,511.04. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Morris J. Huey II purchased 5,000 shares of the business's stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of $5.70 per share, with a total value of $28,500.00. Following the completion of the acquisition, the director now directly owns 271,000 shares in the company, valued at approximately $1,544,700. The disclosure for this purchase can be found here. Insiders purchased 22,389 shares of company stock worth $127,707 in the last 90 days. Corporate insiders own 2.20% of the company's stock.

Institutional Investors Weigh In On Capitol Federal Financial

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC acquired a new stake in Capitol Federal Financial in the 4th quarter valued at about $25,000. Massmutual Trust Co. FSB ADV lifted its stake in Capitol Federal Financial by 4,393.5% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company's stock valued at $31,000 after buying an additional 4,745 shares in the last quarter. CWM LLC lifted its stake in Capitol Federal Financial by 922.8% during the fourth quarter. CWM LLC now owns 4,981 shares of the savings and loans company's stock valued at $32,000 after buying an additional 4,494 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Capitol Federal Financial during the third quarter valued at about $51,000. Finally, Nisa Investment Advisors LLC lifted its stake in Capitol Federal Financial by 172.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 7,830 shares of the savings and loans company's stock valued at $51,000 after buying an additional 4,960 shares in the last quarter. 88.51% of the stock is owned by institutional investors and hedge funds.

About Capitol Federal Financial

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.