Zacks Investment Research upgraded shares of Capitol Federal Financial (NASDAQ:CFFN) from a sell rating to a hold rating in a research report report published on Tuesday morning, Zacks.com reports.

According to Zacks, “Capitol Federal Financial is a federally chartered mid-tier holding company. Capitol Federal Savings Bank is the only operating subsidiary. The bank is a community-oriented financial institution offering a variety of financial services to meet the needs of the communities we serve. They attract retail deposits from the general public and invest those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences. “

Several other equities analysts have also issued reports on the stock. BidaskClub lowered shares of Capitol Federal Financial from a hold rating to a sell rating in a report on Thursday, June 4th. TheStreet lowered shares of Capitol Federal Financial from a b- rating to a c+ rating in a report on Tuesday, March 24th. Finally, Sidoti assumed coverage on shares of Capitol Federal Financial in a report on Thursday, April 9th. They issued a buy rating and a $15.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $15.00.

CFFN stock opened at $10.63 on Tuesday. The firm has a 50 day moving average price of $11.37 and a 200-day moving average price of $12.33. Capitol Federal Financial has a 52-week low of $10.01 and a 52-week high of $14.57. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.49. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.28 and a current ratio of 1.28.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, April 29th. The savings and loans company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.11). Capitol Federal Financial had a net margin of 20.81% and a return on equity of 5.48%. The business had revenue of $53.34 million for the quarter, compared to analysts’ expectations of $53.45 million. As a group, sell-side analysts forecast that Capitol Federal Financial will post 0.42 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strs Ohio purchased a new position in Capitol Federal Financial in the 1st quarter worth approximately $70,000. DC Investments Management LLC purchased a new position in Capitol Federal Financial in the 1st quarter worth approximately $123,000. Principal Financial Group Inc. purchased a new position in Capitol Federal Financial in the 1st quarter worth approximately $123,000. Advisor Group Holdings Inc. purchased a new stake in Capitol Federal Financial during the 1st quarter valued at $131,000. Finally, Great West Life Assurance Co. Can purchased a new stake in Capitol Federal Financial during the 4th quarter valued at $140,000. Institutional investors own 74.02% of the company’s stock.

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 deposits.

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