Capitol Federal Financial, Inc. (NASDAQ:CFFN – Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,610,000 shares, an increase of 5.6% from the November 30th total of 3,420,000 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average trading volume of 741,000 shares, the short-interest ratio is presently 4.9 days.
Wall Street Analyst Weigh In
Separately, Piper Sandler upped their price objective on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.
Get Our Latest Stock Report on CFFN
Insider Activity
Institutional Investors Weigh In On Capitol Federal Financial
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of Capitol Federal Financial by 52.5% during the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock valued at $6,149,000 after purchasing an additional 362,291 shares during the last quarter. Barclays PLC increased its position in Capitol Federal Financial by 71.3% during the 3rd quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock valued at $1,587,000 after buying an additional 113,106 shares in the last quarter. Y Intercept Hong Kong Ltd increased its position in Capitol Federal Financial by 57.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 124,976 shares of the savings and loans company’s stock valued at $730,000 after buying an additional 45,827 shares in the last quarter. XTX Topco Ltd raised its stake in Capitol Federal Financial by 382.2% during the third quarter. XTX Topco Ltd now owns 56,352 shares of the savings and loans company’s stock valued at $329,000 after buying an additional 44,666 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in Capitol Federal Financial in the third quarter worth $66,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.
Capitol Federal Financial Stock Down 1.5 %
Shares of NASDAQ:CFFN opened at $5.82 on Friday. The firm has a market capitalization of $772.74 million, a P/E ratio of 20.07 and a beta of 0.48. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a 50 day moving average price of $6.52 and a 200-day moving average price of $6.07. Capitol Federal Financial has a 52-week low of $4.76 and a 52-week high of $7.20.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. The business had revenue of $101.65 million during the quarter, compared to the consensus estimate of $45.40 million. During the same quarter in the prior year, the company earned $0.04 earnings per share. As a group, equities research analysts anticipate that Capitol Federal Financial will post 0.45 EPS for the current fiscal year.
Capitol Federal Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 5.84%. The ex-dividend date of this dividend was Friday, November 1st. Capitol Federal Financial’s payout ratio is currently 117.24%.
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.
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