Capitol Federal Financial (NASDAQ:CFFN) Price Target Increased to $6.50 by Analysts at Keefe, Bruyette & Woods

Capitol Federal Financial (NASDAQ:CFFN) had its target price raised by Keefe, Bruyette & Woods from $6.00 to $6.50 in a report published on Thursday morning, Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the savings and loans company’s stock.

A number of other research firms also recently issued reports on CFFN. Piper Sandler lifted their price objective on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the stock a neutral rating in a report on Thursday. StockNews.com raised shares of Capitol Federal Financial from a sell rating to a hold rating in a report on Wednesday, July 17th.

Capitol Federal Financial Price Performance

Shares of NASDAQ:CFFN opened at $6.27 on Thursday. Capitol Federal Financial has a one year low of $4.22 and a one year high of $6.88. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a fifty day moving average price of $5.48 and a two-hundred day moving average price of $5.60.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. The company had revenue of $99.70 million for the quarter, compared to the consensus estimate of $47.23 million. During the same period in the prior year, the firm posted $0.06 earnings per share. As a group, equities analysts anticipate that Capitol Federal Financial will post 0.42 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 2nd will be given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date is Thursday, August 1st. Capitol Federal Financial’s payout ratio is presently -36.17%.

Insider Buying and Selling

In other Capitol Federal Financial news, Director Jeffrey M. Johnson bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were bought at an average price of $5.12 per share, for a total transaction of $51,200.00. Following the transaction, the director now directly owns 97,900 shares in the company, valued at $501,248. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Capitol Federal Financial

A number of large investors have recently added to or reduced their stakes in the business. New York State Common Retirement Fund increased its position in shares of Capitol Federal Financial by 3.4% in the fourth quarter. New York State Common Retirement Fund now owns 50,800 shares of the savings and loans company’s stock valued at $328,000 after acquiring an additional 1,658 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Capitol Federal Financial by 23.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,371 shares of the savings and loans company’s stock valued at $67,000 after buying an additional 2,002 shares during the period. Financial Counselors Inc. increased its position in shares of Capitol Federal Financial by 8.2% during the fourth quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock valued at $177,000 after buying an additional 2,070 shares during the period. Midwest Financial Group LLC increased its position 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 buying an additional 2,750 shares during the period. Finally, GAMMA Investing LLC purchased a new position in shares of Capitol Federal Financial during the fourth quarter valued at about $25,000. 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.