Capitol Federal Financial (NASDAQ:CFFN) Stock Rating Upgraded by BidaskClub

Capitol Federal Financial (NASDAQ:CFFN) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Saturday, BidAskClub reports.

Shares of Capitol Federal Financial stock opened at $13.46 on Friday. The stock has a 50 day moving average of $13.62 and a 200 day moving average of $13.43. Capitol Federal Financial has a 12 month low of $11.80 and a 12 month high of $14.18. The firm has a market cap of $1.88 billion, a PE ratio of 19.26 and a beta of 0.56. The company has a current ratio of 1.32, a quick ratio of 1.34 and a debt-to-equity ratio of 1.69.

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

In other news, insider Natalie G. Haag purchased 2,015 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was bought at an average cost of $13.00 per share, with a total value of $26,195.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in CFFN. Norges Bank bought a new position in Capitol Federal Financial during the fourth quarter valued at approximately $11,998,000. Nuveen Asset Management LLC bought a new stake in shares of Capitol Federal Financial in the 2nd quarter valued at approximately $7,161,000. First Trust Advisors LP lifted its stake in shares of Capitol Federal Financial by 14.2% in the 1st quarter. First Trust Advisors LP now owns 2,412,943 shares of the savings and loans company’s stock valued at $32,213,000 after purchasing an additional 299,710 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Capitol Federal Financial by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 10,150,468 shares of the savings and loans company’s stock valued at $129,622,000 after purchasing an additional 223,038 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in shares of Capitol Federal Financial by 260.8% in the 2nd quarter. Acadian Asset Management LLC now owns 190,573 shares of the savings and loans company’s stock valued at $2,626,000 after purchasing an additional 137,750 shares during the last quarter. 75.37% of the stock is owned by institutional investors.

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 deposits.

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