Capitol Federal Financial (CFFN) Rating Lowered to Hold at BidaskClub

BidaskClub downgraded shares of Capitol Federal Financial (NASDAQ:CFFN) from a buy rating to a hold rating in a research report report published on Wednesday.

A number of other analysts have also recently issued reports on the stock. Sandler O’Neill reissued a hold rating and issued a $13.50 price objective on shares of Capitol Federal Financial in a research note on Tuesday, March 27th. Keefe, Bruyette & Woods reissued a hold rating and issued a $14.00 price objective on shares of Capitol Federal Financial in a research note on Tuesday, February 27th.

Shares of CFFN stock opened at $13.35 on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 21.08 and a beta of 0.48. Capitol Federal Financial has a 12 month low of $12.19 and a 12 month high of $15.11.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Monday, April 30th. The savings and loans company reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.02). The firm had revenue of $55.32 million during the quarter. Capitol Federal Financial had a return on equity of 6.59% and a net margin of 28.17%.

The company also recently disclosed a special dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a dividend yield of 2.57%.

In other news, insider Natalie G. Haag acquired 3,187 shares of Capitol Federal Financial stock in a transaction dated Wednesday, May 2nd. The stock was purchased at an average cost of $12.52 per share, with a total value of $39,901.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.20% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in CFFN. Hsbc Holdings PLC purchased a new stake in shares of Capitol Federal Financial in the first quarter worth $126,000. Guggenheim Capital LLC bought a new position in shares of Capitol Federal Financial during the first quarter worth $126,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Capitol Federal Financial by 2,713.4% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,604 shares of the savings and loans company’s stock worth $156,000 after acquiring an additional 12,156 shares during the last quarter. Verition Fund Management LLC bought a new position in shares of Capitol Federal Financial during the fourth quarter worth $158,000. Finally, Asset Management One Co. Ltd. bought a new position in shares of Capitol Federal Financial during the first quarter worth $161,000. 74.59% of the stock is owned by hedge funds and other 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 comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.

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