Capitol Federal Financial (NASDAQ:CFFN) Price Target Cut to $5.50 by Analysts at Piper Sandler

Capitol Federal Financial (NASDAQ:CFFN) had its price target decreased by Piper Sandler from $6.00 to $5.50 in a report issued on Thursday, Benzinga reports. Piper Sandler currently has a neutral rating on the savings and loans company’s stock.

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

Capitol Federal Financial Stock Down 4.2 %

Capitol Federal Financial stock opened at $4.96 on Thursday. Capitol Federal Financial has a 12-month low of $4.22 and a 12-month high of $6.88. The firm’s 50-day moving average is $5.64 and its two-hundred day moving average is $5.67. The company has a quick ratio of 1.37, a current ratio of 1.34 and a debt-to-equity ratio of 2.29.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.04. Capitol Federal Financial had a negative net margin of 33.99% and a positive return on equity of 3.85%. The company had revenue of $82.80 million for the quarter, compared to analysts’ expectations of $40.45 million. During the same period last year, the company earned $0.12 EPS. On average, equities analysts anticipate that Capitol Federal Financial will post 0.44 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 3rd will be issued a $0.085 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $0.34 annualized dividend and a yield of 6.85%. Capitol Federal Financial’s payout ratio is -36.17%.

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were purchased at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the acquisition, 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 can be accessed through this hyperlink. In other Capitol Federal Financial news, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were purchased at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the acquisition, 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 can be accessed through this hyperlink. Also, Director Morris J. Huey II acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of $5.70 per share, for a total transaction of $28,500.00. Following the purchase, the director now directly 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 quarter, insiders have acquired 21,990 shares of company stock worth $125,141. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

A number of hedge funds have recently made changes to their positions in CFFN. GAMMA Investing LLC bought a new stake in shares of Capitol Federal Financial in the fourth quarter worth $25,000. Massmutual Trust Co. FSB ADV increased its stake in shares of Capitol Federal Financial by 4,393.5% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company’s stock worth $31,000 after buying an additional 4,745 shares during the last quarter. CWM LLC increased its stake in shares of Capitol Federal Financial by 922.8% in the fourth quarter. CWM LLC now owns 4,981 shares of the savings and loans company’s stock worth $32,000 after buying an additional 4,494 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Capitol Federal Financial in the third quarter worth $51,000. Finally, Nisa Investment Advisors LLC increased its stake in shares of Capitol Federal Financial by 172.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,830 shares of the savings and loans company’s stock worth $51,000 after buying an additional 4,960 shares during the last quarter. Hedge funds and other 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.