Capitol Federal Financial (NASDAQ:CFFN) Receives Market Perform Rating from Keefe, Bruyette & Woods

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report)'s stock had its "market perform" rating reiterated by stock analysts at Keefe, Bruyette & Woods in a research report issued on Thursday, Benzinga reports. They presently have a $6.00 target price on the savings and loans company's stock, down from their previous target price of $7.00. Keefe, Bruyette & Woods' target price suggests a potential upside of 20.97% from the stock's current price.

Several other equities analysts have also recently weighed in on the company. Piper Sandler reduced their price target on Capitol Federal Financial from $6.00 to $5.50 and set a "neutral" rating for the company in a research report on Thursday. StockNews.com upgraded Capitol Federal Financial to a "sell" rating in a research report on Tuesday, January 23rd.

Capitol Federal Financial Stock Performance

Shares of CFFN traded down $0.22 during mid-day trading on Thursday, hitting $4.96. The stock had a trading volume of 1,667,866 shares, compared to its average volume of 928,451. The firm has a market cap of $663.30 million, a P/E ratio of -5.28 and a beta of 0.42. The business has a fifty day moving average price of $5.64 and a 200-day moving average price of $5.67. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.37 and a quick ratio of 1.37. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $6.88.

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

Insider Buying and Selling

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

Institutional Investors Weigh In On Capitol Federal Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. raised its position in Capitol Federal Financial by 28.1% during the 1st 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 purchasing an additional 92,103 shares during the last quarter. Diversified Trust Co bought a new position in Capitol Federal Financial during the 1st quarter valued at approximately $143,000. PNC Financial Services Group Inc. raised its position in Capitol Federal Financial by 143.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 22,839 shares of the savings and loans company's stock valued at $147,000 after purchasing an additional 13,447 shares during the last quarter. Azora Capital LP bought a new position in Capitol Federal Financial during the 4th quarter valued at approximately $5,054,000. Finally, Tower Research Capital LLC TRC raised its position in Capitol Federal Financial by 23.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,371 shares of the savings and loans company's stock valued at $67,000 after purchasing an additional 2,002 shares during the last quarter. Institutional investors own 88.51% of the company's stock.

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.