Capitol Federal Financial (CFFN) Lifted to “Strong-Buy” at BidaskClub

BidaskClub upgraded shares of Capitol Federal Financial (NASDAQ:CFFN) from a buy rating to a strong-buy rating in a research report sent to investors on Tuesday morning.

Shares of NASDAQ CFFN opened at $13.25 on Tuesday. Capitol Federal Financial has a 52-week low of $11.80 and a 52-week high of $14.38. The stock has a market capitalization of $1.87 billion, a PE ratio of 20.08 and a beta of 0.45. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.70.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Friday, October 26th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.02). Capitol Federal Financial had a net margin of 28.76% and a return on equity of 6.76%. The company had revenue of $55.90 million during the quarter.

The firm also recently declared a special dividend, which will be paid on Friday, November 30th. Stockholders of record on Friday, November 16th will be paid a $0.39 dividend. This is an increase from Capitol Federal Financial’s previous special dividend of $0.25. This represents a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, November 15th.

In other Capitol Federal Financial news, insider Natalie G. Haag purchased 4,860 shares of the firm’s stock in a transaction dated Thursday, November 1st. The shares were purchased at an average cost of $12.29 per share, with a total value of $59,729.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.20% of the company’s stock.

Large investors have recently bought and sold shares of the company. BlueMountain Capital Management LLC purchased a new position in shares of Capitol Federal Financial in the third quarter worth about $117,000. Guggenheim Capital LLC purchased a new position in shares of Capitol Federal Financial in the first quarter worth about $126,000. Vident Investment Advisory LLC purchased a new position in shares of Capitol Federal Financial in the second quarter worth about $159,000. GAM Holding AG purchased a new position in shares of Capitol Federal Financial in the third quarter worth about $159,000. Finally, Private Advisor Group LLC purchased a new position in shares of Capitol Federal Financial in the third quarter worth about $194,000. 76.08% of the stock is currently owned by hedge funds and other 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 comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.

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