Short Interest in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Decreases By 12.6%

Capitol Federal Financial, Inc. (NASDAQ:CFFN) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 4,920,000 shares, a decrease of 12.6% from the May 15th total of 5,630,000 shares. Currently, 4.0% of the company’s shares are sold short. Based on an average daily volume of 814,600 shares, the days-to-cover ratio is currently 6.0 days.

Insider Buying and Selling

In other Capitol Federal Financial news, Director Jeffrey M. Johnson bought 10,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were acquired at an average price of $5.12 per share, with a total value of $51,200.00. Following the purchase, the director now owns 97,900 shares in the company, valued at approximately $501,248. The purchase was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. New York State Common Retirement Fund boosted its position in shares of Capitol Federal Financial by 3.4% during the fourth quarter. New York State Common Retirement Fund now owns 50,800 shares of the savings and loans company’s stock worth $328,000 after buying an additional 1,658 shares during the period. Tower Research Capital LLC TRC boosted 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 worth $67,000 after acquiring an additional 2,002 shares during the period. Financial Counselors Inc. grew its stake in shares of Capitol Federal Financial by 8.2% in the fourth quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock worth $177,000 after purchasing an additional 2,070 shares in the last quarter. Swiss National Bank increased its holdings in shares of Capitol Federal Financial by 0.9% during the third quarter. Swiss National Bank now owns 284,300 shares of the savings and loans company’s stock valued at $1,356,000 after purchasing an additional 2,400 shares during the period. Finally, Midwest Financial Group LLC raised its stake in shares of Capitol Federal Financial by 4.9% during the fourth quarter. Midwest Financial Group LLC now owns 58,610 shares of the savings and loans company’s stock valued at $378,000 after purchasing an additional 2,750 shares in the last quarter. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CFFN has been the subject of a number of analyst reports. StockNews.com downgraded Capitol Federal Financial from a “hold” rating to a “sell” rating in a report on Friday, May 17th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $6.00 target price (down from $7.00) on shares of Capitol Federal Financial in a research note on Thursday, April 25th. Finally, Piper Sandler dropped their price target on shares of Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a research note on Thursday, April 25th.

Capitol Federal Financial Stock Down 1.3 %

Shares of CFFN stock traded down $0.07 during trading hours on Friday, hitting $5.19. 576,455 shares of the company were exchanged, compared to its average volume of 649,817. The stock has a market capitalization of $694.06 million, a price-to-earnings ratio of -5.52 and a beta of 0.50. Capitol Federal Financial has a one year low of $4.22 and a one year high of $6.88. The business’s 50-day simple moving average is $5.15 and its two-hundred day simple moving average is $5.70. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.34 and a current ratio of 1.34.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. The company had revenue of $45.96 million for the quarter, compared to the consensus estimate of $47.23 million. Sell-side analysts predict that Capitol Federal Financial will post 0.42 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 17th. Shareholders of record on Friday, May 3rd were paid a $0.085 dividend. The ex-dividend date of this dividend was Thursday, May 2nd. This represents a $0.34 dividend on an annualized basis and a yield of 6.55%. Capitol Federal Financial’s payout ratio is currently -36.17%.

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.