Bank of New York Mellon Corp grew its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 0.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,765,412 shares of the savings and loans company’s stock after acquiring an additional 7,233 shares during the period. Bank of New York Mellon Corp owned 1.30% of Capitol Federal Financial worth $11,881,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Russell Investments Group Ltd. bought a new position in Capitol Federal Financial in the 4th quarter valued at $1,692,000. Dimensional Fund Advisors LP lifted its position in Capitol Federal Financial by 2.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,089,117 shares of the savings and loans company’s stock worth $61,321,000 after buying an additional 149,704 shares in the last quarter. Financial Counselors Inc. grew its holdings in Capitol Federal Financial by 19.0% during the 1st quarter. Financial Counselors Inc. now owns 23,936 shares of the savings and loans company’s stock worth $161,000 after acquiring an additional 3,823 shares during the last quarter. TD Asset Management Inc increased its position in Capitol Federal Financial by 3.9% in the 4th quarter. TD Asset Management Inc now owns 427,148 shares of the savings and loans company’s stock valued at $3,695,000 after acquiring an additional 16,200 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Capitol Federal Financial by 0.5% in the fourth quarter. American Century Companies Inc. now owns 16,710,038 shares of the savings and loans company’s stock worth $144,542,000 after acquiring an additional 76,186 shares during the last quarter. 78.25% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Capitol Federal Financial to a “sell” rating in a report on Friday, August 25th.
Capitol Federal Financial Stock Down 1.7 %
NASDAQ CFFN opened at $5.67 on Friday. The stock has a market capitalization of $772.18 million, a P/E ratio of 13.19 and a beta of 0.38. Capitol Federal Financial, Inc. has a 52 week low of $5.24 and a 52 week high of $9.39. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a fifty day moving average of $6.26 and a 200-day moving average of $6.63.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 26th. The savings and loans company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. The firm had revenue of $40.56 million during the quarter, compared to analyst estimates of $43.13 million. Capitol Federal Financial had a return on equity of 5.44% and a net margin of 15.44%. On average, equities research analysts forecast that Capitol Federal Financial, Inc. will post 0.32 EPS for the current year.
Capitol Federal Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date was Thursday, August 3rd. Capitol Federal Financial’s dividend payout ratio (DPR) is 79.07%.
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 deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.
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