BidaskClub upgraded shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) from a sell rating to a hold rating in a research note published on Saturday morning.

Separately, Zacks Investment Research raised shares of Capitol Federal Financial from a hold rating to a buy rating and set a $16.00 price target for the company in a report on Monday, July 31st.

Capitol Federal Financial (NASDAQ:CFFN) opened at 13.79 on Friday. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 21.92 and a beta of 0.45. The firm’s 50 day moving average price is $13.86 and its 200 day moving average price is $14.35. Capitol Federal Financial has a one year low of $13.21 and a one year high of $17.04.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. Capitol Federal Financial had a net margin of 38.98% and a return on equity of 6.25%. The firm had revenue of $54.82 million during the quarter, compared to the consensus estimate of $54.30 million. During the same period last year, the firm posted $0.15 EPS. Equities analysts forecast that Capitol Federal Financial will post $0.64 earnings per share for the current year.

WARNING: This news story was published by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/bidaskclub-upgrades-capitol-federal-financial-inc-cffn-to-hold/1530613.html.

The company also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend was Wednesday, August 2nd. Capitol Federal Financial’s dividend payout ratio is currently 53.97%.

In related news, insider Natalie G. Haag bought 2,200 shares of the company’s stock in a transaction on Monday, August 14th. The stock was bought at an average cost of $13.66 per share, with a total value of $30,052.00. Following the completion of the purchase, the insider now owns 49,959 shares in the company, valued at approximately $682,439.94. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Carlton A. Ricketts bought 4,525 shares of the company’s stock in a transaction on Tuesday, August 8th. The stock was bought at an average cost of $14.04 per share, with a total value of $63,531.00. Following the completion of the purchase, the insider now owns 53,545 shares of the company’s stock, valued at approximately $751,771.80. The disclosure for this purchase can be found here. Company insiders own 2.50% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. Pacad Investment Ltd. increased its position in shares of Capitol Federal Financial by 4.0% in the second quarter. Pacad Investment Ltd. now owns 7,800 shares of the savings and loans company’s stock worth $111,000 after buying an additional 300 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Capitol Federal Financial during the first quarter worth $126,000. Paloma Partners Management Co bought a new position in shares of Capitol Federal Financial during the first quarter worth $203,000. Barber Financial Group Inc. increased its position in shares of Capitol Federal Financial by 7.6% in the second quarter. Barber Financial Group Inc. now owns 14,625 shares of the savings and loans company’s stock worth $208,000 after buying an additional 1,036 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Capitol Federal Financial by 7.0% in the second quarter. Prudential Financial Inc. now owns 14,881 shares of the savings and loans company’s stock worth $211,000 after buying an additional 980 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.

Receive News & Ratings for Capitol Federal Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitol Federal Financial Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.