Trading Report: Today, Capitol Federal Financial Inc. (CFFN) gets “Sell” status at The Zacks Investment Research

Today, Capitol Federal Financial Inc. (CFFN) gets “Sell” status at The Zacks Investment Research

Zacks Investment Research downgraded shares of Capitol Federal Financial Inc. (NASDAQ:CFFN) from a hold rating to a sell rating in a report published on Monday morning.

According to Zacks, “Capitol Federal Financial is a federally chartered mid-tier holding company. Capitol Federal Savings Bank is the only operating subsidiary. The bank is a community-oriented financial institution offering a variety of financial services to meet the needs of the communities we serve. They attract retail deposits from the general public and invest those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences. “

Separately, Stephens initiated coverage on Capitol Federal Financial in a report on Friday, August 26th. They set an equal weight rating on the stock.

Shares of Capitol Federal Financial (NASDAQ:CFFN) opened at 15.84 on Monday. The stock has a 50 day moving average price of $14.82 and a 200-day moving average price of $14.11. Capitol Federal Financial has a 52-week low of $11.39 and a 52-week high of $16.39. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 25.26 and a beta of 0.39.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Thursday, October 27th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.01. Capitol Federal Financial had a return on equity of 6.00% and a net margin of 25.74%. On average, equities research analysts predict that Capitol Federal Financial will post $0.62 EPS for the current fiscal year.

The business also recently declared a dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 18th will be issued a dividend of $0.29 per share. The ex-dividend date is Wednesday, November 16th. This is a positive change from Capitol Federal Financial’s previous dividend of $0.25. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 53.97%.

In related news, insider Carlton A. Ricketts sold 79,295 shares of the firm’s stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $14.43, for a total value of $1,144,226.85. Following the completion of the sale, the insider now owns 104,020 shares in the company, valued at $1,501,008.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 2.60% of the company’s stock.

A number of large investors have recently made changes to their positions in CFFN. Robeco Institutional Asset Management B.V. increased its stake in shares of Capitol Federal Financial by 3.9% in the second quarter. Robeco Institutional Asset Management B.V. now owns 4,686,361 shares of the company’s stock worth $65,374,000 after buying an additional 174,808 shares during the last quarter. Bank of Montreal Can purchased a new stake in shares of Capitol Federal Financial during the second quarter worth approximately $3,711,000. BlackRock Group LTD increased its stake in shares of Capitol Federal Financial by 15.4% in the first quarter. BlackRock Group LTD now owns 105,300 shares of the company’s stock worth $1,397,000 after buying an additional 14,078 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of Capitol Federal Financial by 14.9% in the second quarter. California Public Employees Retirement System now owns 280,400 shares of the company’s stock worth $3,912,000 after buying an additional 36,400 shares during the last quarter. Finally, KBC Group NV increased its stake in shares of Capitol Federal Financial by 16.6% in the second quarter. KBC Group NV now owns 138,521 shares of the company’s stock worth $1,932,000 after buying an additional 19,688 shares during the last quarter. Hedge funds and other institutional investors own 76.02% of the company’s stock.

About Capitol Federal Financial

Capitol Federal Financial, Inc is the savings and loan holding company for Capitol Federal Savings Bank (Capitol Federal Savings or the Bank). The Company is a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves. It attracts retail deposits from the general public and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences.

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