Capitol Federal Financial, Inc. (NASDAQ:CFFN) Short Interest Down 16.6% in September

Capitol Federal Financial, Inc. (NASDAQ:CFFN) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 3,220,000 shares, a decline of 16.6% from the September 15th total of 3,860,000 shares. Based on an average daily trading volume, of 830,500 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in Capitol Federal Financial by 20.7% in the third quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock worth $68,000 after purchasing an additional 1,995 shares during the last quarter. Diversified Trust Co grew its holdings in shares of Capitol Federal Financial by 10.0% in the third quarter. Diversified Trust Co now owns 26,573 shares of the savings and loans company’s stock worth $155,000 after acquiring an additional 2,425 shares during the period. WINTON GROUP Ltd increased its position in Capitol Federal Financial by 12.6% during the second quarter. WINTON GROUP Ltd now owns 27,172 shares of the savings and loans company’s stock valued at $149,000 after acquiring an additional 3,050 shares during the last quarter. IFS Advisors LLC lifted its holdings in Capitol Federal Financial by 1,865.5% in the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after acquiring an additional 4,216 shares during the period. Finally, CANADA LIFE ASSURANCE Co boosted its position in Capitol Federal Financial by 8.8% in the first quarter. CANADA LIFE ASSURANCE Co now owns 122,310 shares of the savings and loans company’s stock worth $726,000 after purchasing an additional 9,848 shares during the last quarter. 88.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on CFFN shares. StockNews.com raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Keefe, Bruyette & Woods upped their price objective on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Thursday, July 25th. Finally, Piper Sandler lifted their target price on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a report on Thursday, July 25th.

Capitol Federal Financial Stock Up 3.5 %

Shares of NASDAQ CFFN traded up $0.21 during midday trading on Wednesday, hitting $6.23. The stock had a trading volume of 190,963 shares, compared to its average volume of 849,094. The company has a market cap of $833.16 million, a P/E ratio of -6.60 and a beta of 0.49. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.25. The business’s 50 day moving average is $5.80 and its 200-day moving average is $5.56. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The business had revenue of $99.70 million during the quarter, compared to the consensus estimate of $47.23 million. Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. During the same period in the previous year, the business posted $0.06 EPS. As a group, analysts predict that Capitol Federal Financial will post 0.35 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 2nd were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date of this dividend was Thursday, August 1st. Capitol Federal Financial’s payout ratio is presently -36.17%.

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.