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

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

Hedge Funds Weigh In On Capitol Federal Financial

Institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its position in Capitol Federal Financial by 4.9% in the second quarter. Renaissance Technologies LLC now owns 4,340,076 shares of the savings and loans company’s stock worth $23,827,000 after purchasing an additional 203,200 shares during the last quarter. Tidal Investments LLC purchased a new stake in Capitol Federal Financial in the first quarter valued at about $609,000. AQR Capital Management LLC boosted its holdings in Capitol Federal Financial by 59.9% in the second quarter. AQR Capital Management LLC now owns 1,494,969 shares of the savings and loans company’s stock valued at $8,207,000 after purchasing an additional 560,103 shares during the last quarter. Empowered Funds LLC grew its position in shares of Capitol Federal Financial by 8.2% during 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 acquiring an additional 27,442 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Capitol Federal Financial in the second quarter valued at about $1,876,000. Institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Trading Up 1.4 %

NASDAQ:CFFN traded up $0.08 during mid-day trading on Monday, hitting $5.90. 376,121 shares of the company’s stock were exchanged, compared to its average volume of 853,054. The company has a 50 day simple moving average of $5.79 and a 200-day simple moving average of $5.56. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25. The firm has a market capitalization of $789.02 million, a P/E ratio of -6.27 and a beta of 0.49. Capitol Federal Financial has a fifty-two week low of $4.22 and a fifty-two week high of $6.82.

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

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 16th. Investors 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 yield of 5.76%. The ex-dividend date of this dividend was Thursday, August 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. StockNews.com upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Piper Sandler increased their price target on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a research note on Thursday, July 25th.

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.