Stock Worth Watching: Capitol Federal Financial, Inc. Can’t Be More Hot. Just Reaches 52-Week High

Stock Worth Watching: Capitol Federal Financial, Inc. Can't Be More Hot. Just Reaches 52 Week High

The stock of Capitol Federal Financial, Inc. (NASDAQ:CFFN) hit a new 52-week high and has $21.07 target or 40.00% above today’s $15.05 share price. The 5 months bullish chart indicates low risk for the $2.06B company. The 1-year high was reported on Nov, 9 by Barchart.com. If the $21.07 price target is reached, the company will be worth $824.00 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 313,515 shares traded hands. Capitol Federal Financial, Inc. (NASDAQ:CFFN) has risen 14.38% since April 7, 2016 and is uptrending. It has outperformed by 9.59% the S&P500.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.24, from 1.03 in 2016Q1. The ratio fall, as 12 funds sold all Capitol Federal Financial, Inc. shares owned while 55 reduced positions. 17 funds bought stakes while 36 increased positions. They now own 104.12 million shares or 0.31% more from 103.80 million shares in 2016Q1.
Tiaa Cref Management Ltd Limited Liability Company holds 411,802 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa has 5,175 shares for 0% of their US portfolio. California Employees Retirement holds 0.01% or 280,400 shares in its portfolio. Chicago Equity Prtn Ltd accumulated 0.05% or 117,550 shares. Cipher Cap Limited Partnership last reported 0.03% of its portfolio in the stock. Atwood And Palmer Inc last reported 0.03% of its portfolio in the stock. Cwm Ltd Liability Co reported 1,006 shares or 0% of all its holdings. The Minnesota-based Gradient Invs Ltd Liability Co has invested 0% in Capitol Federal Financial, Inc. (NASDAQ:CFFN). Paradigm Mgmt Ny has 0.07% invested in the company for 40,900 shares. California State Teachers Retirement Sys reported 267,859 shares or 0.01% of all its holdings. Ubs Asset Mngmt Americas Inc has 110,835 shares for 0% of their US portfolio. Skylands Limited Com holds 0.08% of its portfolio in Capitol Federal Financial, Inc. (NASDAQ:CFFN) for 36,900 shares. Blackrock Advsrs Llc owns 59,619 shares or 0% of their US portfolio. Metropolitan Life Ins Ny has 98,050 shares for 0.01% of their US portfolio. Pnc Svcs Grp reported 848 shares or 0% of all its holdings.

More recent Capitol Federal Financial, Inc. (NASDAQ:CFFN) news were published by: Prnewswire.com which released: “Capitol Federal Financial, Inc. Announces Fiscal Year 2016 Cash True-Up Dividend” on October 27, 2016. Also Prnewswire.com published the news titled: “Capitol Federal Financial, Inc. Announces Annual Stockholders Meeting Date” on October 14, 2016. Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Capitol Federal Financial, Pinnacle Financial Partners …” with publication date: October 31, 2016 was also an interesting one.

CFFN Company Profile

Capitol Federal Financial, Inc., incorporated on April 28, 2010, is the savings and loan holding firm for Capitol Federal Savings Bank (Capitol Federal Savings or the Bank). The Firm is a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves. It attracts retail deposits from the general public and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences. Capitol Federal Savings Bank is a federally chartered and insured savings bank. The Bank has a network of approximately 50 branches (approximately 40 traditional branches and approximately 10 in-store branches) located in approximately nine counties throughout Kansas and over three counties in Missouri. It primarily serves the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas and a portion of the metropolitan area of greater Kansas City. In addition to providing full service banking offices, it provides its clients mobile banking, telephone banking and bill payment services, and online banking and bill payment services. It also has a call center, which operates on extended hours.

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