Capitol Federal Financial, Inc. (NASDAQ:CFFN) Short Interest Down 10.6% in March

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

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other Capitol Federal Financial news, EVP Rick C. Jackson bought 10,000 shares of Capitol Federal Financial stock in a transaction on Friday, March 1st. The shares were acquired at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the purchase, 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 can be accessed through this link. In other news, EVP Rick C. Jackson purchased 10,000 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were acquired at an average price of $5.68 per share, with a total value of $56,800.00. Following the transaction, the executive vice president now owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Morris J. Huey II purchased 5,000 shares of the company’s stock in a transaction dated 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 transaction, 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. Insiders have acquired a total of 22,389 shares of company stock worth $127,707 over the last quarter. Company insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Capitol Federal Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. raised its stake in Capitol Federal Financial by 770.6% in the third quarter. Assenagon Asset Management S.A. now owns 279,333 shares of the savings and loans company’s stock valued at $1,332,000 after buying an additional 247,248 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Capitol Federal Financial by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,793,378 shares of the savings and loans company’s stock valued at $8,554,000 after buying an additional 115,083 shares during the last quarter. Aigen Investment Management LP purchased a new stake in Capitol Federal Financial in the third quarter valued at about $215,000. Massmutual Trust Co. FSB ADV raised its stake in shares of 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 during the last quarter. Finally, State of New Jersey Common Pension Fund D raised its stake in shares of Capitol Federal Financial by 492.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 432,996 shares of the savings and loans company’s stock worth $2,065,000 after purchasing an additional 359,858 shares during the last quarter. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Capitol Federal Financial Price Performance

Shares of CFFN stock opened at $5.29 on Monday. Capitol Federal Financial has a 1-year low of $4.22 and a 1-year high of $6.94. The stock’s 50-day moving average is $5.76 and its 200 day moving average is $5.65. The company has a market cap of $707.45 million, a P/E ratio of -5.63 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 issued its quarterly earnings data on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $82.80 million for the quarter, compared to the consensus estimate of $40.45 million. During the same quarter last year, the company earned $0.12 earnings per share. Research analysts predict that Capitol Federal Financial will post 0.44 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Friday, February 2nd were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date was Thursday, February 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

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.