Capitol Federal Financial, Inc. (NASDAQ:CFFN) Short Interest Up 5.0% in April

Capitol Federal Financial, Inc. (NASDAQ:CFFN - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 6,270,000 shares, a growth of 5.0% from the March 31st total of 5,970,000 shares. Currently, 5.1% of the shares of the company are short sold. Based on an average daily volume of 949,500 shares, the short-interest ratio is currently 6.6 days.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CFFN shares. Piper Sandler decreased their target price on Capitol Federal Financial from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Thursday, April 25th. StockNews.com raised Capitol Federal Financial to a "sell" rating in a report on Tuesday, January 23rd. Finally, Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $6.00 price objective (down from $7.00) on shares of Capitol Federal Financial in a report on Thursday, April 25th.

Capitol Federal Financial Price Performance

NASDAQ CFFN traded up $0.33 during trading on Wednesday, reaching $5.10. 1,482,319 shares of the company traded hands, compared to its average volume of 935,899. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.37 and a current ratio of 1.34. The stock's 50 day moving average price is $5.55 and its two-hundred day moving average price is $5.68. The company has a market cap of $682.02 million, a price-to-earnings ratio of -5.43 and a beta of 0.42. Capitol Federal Financial has a 1-year low of $4.22 and a 1-year high of $6.88.

Capitol Federal Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Friday, May 3rd will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date of this dividend is Thursday, May 2nd. Capitol Federal Financial's dividend payout ratio (DPR) is currently -36.17%.

Insider Transactions at Capitol Federal Financial

In other Capitol Federal Financial news, EVP Rick C. Jackson acquired 10,000 shares of the company's stock in a transaction dated Friday, March 1st. The shares were acquired at an average cost of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the purchase, the executive vice president now owns 181,428 shares of the company's stock, valued at approximately $1,030,511.04. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Rick C. Jackson bought 10,000 shares of the firm's stock in a transaction that occurred on Friday, March 1st. The shares were acquired at an average cost of $5.68 per share, with a total value of $56,800.00. Following the completion of the transaction, the executive vice president now directly owns 181,428 shares in the company, valued at $1,030,511.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Morris J. Huey II bought 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average cost of $5.70 per share, for a total transaction of $28,500.00. Following the completion of the transaction, the director now owns 271,000 shares of the company's stock, valued at $1,544,700. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 21,990 shares of company stock worth $125,141. Company insiders own 2.20% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets raised its stake in shares of Capitol Federal Financial by 39.4% in the first quarter. BNP Paribas Financial Markets now owns 80,841 shares of the savings and loans company's stock valued at $482,000 after acquiring an additional 22,868 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Capitol Federal Financial by 28.1% in the first quarter. Assenagon Asset Management S.A. now owns 419,921 shares of the savings and loans company's stock valued at $2,503,000 after acquiring an additional 92,103 shares during the last quarter. Diversified Trust Co bought a new position in shares of Capitol Federal Financial in the first quarter valued at approximately $143,000. PNC Financial Services Group Inc. raised its stake in shares of Capitol Federal Financial by 143.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 22,839 shares of the savings and loans company's stock valued at $147,000 after acquiring an additional 13,447 shares during the last quarter. Finally, Azora Capital LP bought a new position in shares of Capitol Federal Financial in the fourth quarter valued at approximately $5,054,000. 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.