Capitol Federal Financial, Inc. (NASDAQ:CFFN) Sees Significant Increase in Short Interest

Capitol Federal Financial, Inc. (NASDAQ:CFFN) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 5,280,000 shares, an increase of 7.3% from the May 31st total of 4,920,000 shares. Currently, 4.3% of the company’s shares are short sold. Based on an average trading volume of 805,500 shares, the short-interest ratio is presently 6.6 days.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Piper Sandler decreased their price target on Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating on the stock in a research note on Thursday, April 25th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $6.00 target price (down previously from $7.00) on shares of Capitol Federal Financial in a research report on Thursday, April 25th. Finally, StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Monday.

Insider Transactions at Capitol Federal Financial

In other news, Director Jeffrey M. Johnson acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was purchased at an average price of $5.12 per share, with a total value of $51,200.00. Following the completion of the acquisition, the director now owns 97,900 shares of the company’s stock, valued at approximately $501,248. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Capitol Federal Financial

Several large investors have recently added to or reduced their stakes in CFFN. Charles Schwab Investment Management Inc. grew its stake in shares of Capitol Federal Financial by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock worth $12,538,000 after acquiring an additional 150,482 shares in the last quarter. Azora Capital LP acquired a new position in Capitol Federal Financial during the 4th quarter worth $5,054,000. Assenagon Asset Management S.A. raised its position in Capitol Federal Financial by 28.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 419,921 shares of the savings and loans company’s stock valued at $2,503,000 after purchasing an additional 92,103 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Capitol Federal Financial by 8.2% in the 1st quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock valued at $2,161,000 after buying an additional 27,442 shares during the period. Finally, Panagora Asset Management Inc. purchased a new position in shares of Capitol Federal Financial in the 4th quarter valued at about $1,922,000. 88.51% of the stock is owned by hedge funds and other institutional investors.

Capitol Federal Financial Stock Down 3.2 %

CFFN opened at $5.41 on Thursday. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $6.88. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.34 and a current ratio of 1.34. The business has a fifty day simple moving average of $5.18 and a 200-day simple moving average of $5.66.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. The company had revenue of $45.96 million during the quarter, compared to analysts’ expectations of $47.23 million. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. On average, equities analysts predict that Capitol Federal Financial will post 0.42 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Friday, May 3rd were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date was Thursday, May 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is currently -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.