Capitol Federal Financial, Inc. (NASDAQ:CFFN) Sees Large Decline in Short Interest

Capitol Federal Financial, Inc. (NASDAQ:CFFN) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,970,000 shares, a decrease of 10.6% from the March 15th total of 6,680,000 shares. Based on an average daily volume of 914,400 shares, the short-interest ratio is presently 6.5 days. Currently, 4.8% of the shares of the company are sold short.

Insider Buying and Selling at Capitol Federal Financial

In other news, Director Morris J. Huey II bought 5,000 shares of the stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of $5.70 per share, for a total transaction of $28,500.00. Following the completion of the purchase, the director now directly owns 271,000 shares in the company, valued at approximately $1,544,700. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, EVP Rick C. Jackson purchased 10,000 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were purchased at an average cost of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the transaction, the executive vice president now directly owns 181,428 shares in the company, valued at approximately $1,030,511.04. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Morris J. Huey II bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average cost of $5.70 per share, for a total transaction of $28,500.00. Following the acquisition, the director now directly owns 271,000 shares in the company, valued at approximately $1,544,700. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 22,389 shares of company stock valued at $127,707. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Capitol Federal Financial

Several large investors have recently modified their holdings of CFFN. GAMMA Investing LLC bought a new stake in Capitol Federal Financial during the 4th quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV raised its holdings in Capitol Federal Financial by 4,393.5% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company’s stock worth $31,000 after purchasing an additional 4,745 shares in the last quarter. CWM LLC lifted its position in Capitol Federal Financial by 922.8% during the fourth quarter. CWM LLC now owns 4,981 shares of the savings and loans company’s stock valued at $32,000 after buying an additional 4,494 shares during the period. Point72 Hong Kong Ltd bought a new stake in shares of Capitol Federal Financial during the 2nd quarter valued at $39,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Capitol Federal Financial by 207.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 8,369 shares of the savings and loans company’s stock worth $40,000 after buying an additional 5,644 shares during the period. 88.51% of the stock is owned by institutional investors.

Capitol Federal Financial Trading Down 2.1 %

Shares of Capitol Federal Financial stock opened at $5.10 on Wednesday. Capitol Federal Financial has a 1 year low of $4.22 and a 1 year high of $6.88. The company has a 50 day simple moving average of $5.72 and a two-hundred day simple moving average of $5.65. The firm has a market cap of $682.02 million, a PE ratio of -5.43 and a beta of 0.42. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.37 and a quick ratio of 1.37.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Wednesday, January 24th. The savings and loans company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 34.17%. The firm had revenue of $82.80 million for the quarter, compared to the consensus estimate of $40.45 million. During the same quarter in the previous year, the business earned $0.12 earnings per share. Analysts expect that Capitol Federal Financial will post 0.44 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Friday, February 2nd were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date was Thursday, February 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Capitol Federal Financial to a “sell” rating in a research note on Tuesday, January 23rd.

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 deposit.