ValuEngine Downgrades Capitol Federal Financial (NASDAQ:CFFN) to Sell

ValuEngine cut shares of Capitol Federal Financial (NASDAQ:CFFN) from a hold rating to a sell rating in a research report released on Wednesday morning, ValuEngine reports.

Separately, BidaskClub raised shares of Capitol Federal Financial from a sell rating to a hold rating in a research report on Thursday, September 12th.

Capitol Federal Financial stock traded up $0.13 during trading on Wednesday, reaching $13.79. 201,073 shares of the company’s stock were exchanged, compared to its average volume of 306,085. The company’s 50-day moving average is $13.65 and its two-hundred day moving average is $13.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.32 and a current ratio of 1.32. Capitol Federal Financial has a 52-week low of $11.80 and a 52-week high of $14.24. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 19.80 and a beta of 0.54.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Tuesday, July 30th. The savings and loans company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Capitol Federal Financial had a return on equity of 6.88% and a net margin of 26.94%. The business had revenue of $57.36 million for the quarter.

In other Capitol Federal Financial news, insider Natalie G. Haag purchased 2,015 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was purchased at an average cost of $13.00 per share, with a total value of $26,195.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the stock. Atria Investments LLC purchased a new stake in Capitol Federal Financial during the 2nd quarter worth $467,000. Prudential PLC lifted its holdings in Capitol Federal Financial by 9.7% in the 2nd quarter. Prudential PLC now owns 407,863 shares of the savings and loans company’s stock worth $5,710,000 after buying an additional 35,938 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in Capitol Federal Financial by 23.5% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,582 shares of the savings and loans company’s stock worth $131,000 after buying an additional 1,823 shares in the last quarter. Frontier Wealth Management LLC lifted its holdings in Capitol Federal Financial by 206.5% in the 2nd quarter. Frontier Wealth Management LLC now owns 49,450 shares of the savings and loans company’s stock worth $681,000 after buying an additional 33,317 shares in the last quarter. Finally, Nuveen Asset Management LLC acquired a new position in Capitol Federal Financial in the 2nd quarter worth $7,161,000. 74.70% 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, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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