Weiss Ratings Reaffirms Hold (C-) Rating for Capitol Federal Financial (NASDAQ:CFFN)

Key Points

• Weiss Ratings has reaffirmed a "hold (C-)" rating for Capitol Federal Financial (NASDAQ:CFFN) following their latest research report.
• The stock price for Capitol Federal Financial fell by 1.1% on Wednesday, trading at $6.30, with a market cap of approximately $836.77 million.
• Recent institutional activity shows significant increases in positions from several hedge funds, with 88.51% of the company's stock now held by institutional investors.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report)'s stock had its "hold (c-)" rating restated by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Capitol Federal Financial Stock Down 1.1%

NASDAQ CFFN traded down $0.07 during trading on Wednesday, hitting $6.30. 385,776 shares of the company traded hands, compared to its average volume of 787,784. Capitol Federal Financial has a 12 month low of $4.90 and a 12 month high of $7.20. The business has a fifty day simple moving average of $6.26 and a 200 day simple moving average of $5.95. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $836.77 million, a P/E ratio of 13.40 and a beta of 0.64.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. Capitol Federal Financial had a return on equity of 5.92% and a net margin of 14.87%.The company had revenue of $50.75 million for the quarter, compared to analyst estimates of $50.51 million. As a group, sell-side analysts predict that Capitol Federal Financial will post 0.46 EPS for the current year.

Hedge Funds Weigh In On Capitol Federal Financial

Institutional investors have recently made changes to their positions in the business. Summit Securities Group LLC bought a new position in shares of Capitol Federal Financial in the first quarter worth about $26,000. Osaic Holdings Inc. increased its stake in Capitol Federal Financial by 474.6% during the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company's stock valued at $35,000 after acquiring an additional 4,760 shares during the period. Hantz Financial Services Inc. increased its stake in Capitol Federal Financial by 450.4% during the second quarter. Hantz Financial Services Inc. now owns 7,403 shares of the savings and loans company's stock valued at $45,000 after acquiring an additional 6,058 shares during the period. EverSource Wealth Advisors LLC increased its stake in Capitol Federal Financial by 180.5% during the second 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 during the period. Finally, Qube Research & Technologies Ltd bought a new position in Capitol Federal Financial during the second quarter valued at about $64,000. 88.51% of the stock is currently owned by institutional investors.

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.

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