Texas Permanent School Fund Corp decreased its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 6.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,680 shares of the savings and loans company’s stock after selling 6,492 shares during the period. Texas Permanent School Fund Corp owned approximately 0.07% of Capitol Federal Financial worth $597,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in Capitol Federal Financial by 1.0% in the 3rd quarter. BlackRock Inc. now owns 20,405,169 shares of the savings and loans company’s stock valued at $169,364,000 after acquiring an additional 208,649 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Capitol Federal Financial by 0.5% in the third quarter. Vanguard Group Inc. now owns 15,526,985 shares of the savings and loans company’s stock valued at $128,874,000 after buying an additional 76,027 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Capitol Federal Financial by 9.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,743,317 shares of the savings and loans company’s stock worth $52,113,000 after purchasing an additional 654,200 shares in the last quarter. State Street Corp increased its stake in Capitol Federal Financial by 24.5% in the 1st quarter. State Street Corp now owns 6,338,905 shares of the savings and loans company’s stock worth $42,661,000 after purchasing an additional 1,247,051 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in Capitol Federal Financial by 3.3% in the 1st quarter. Renaissance Technologies LLC now owns 4,646,076 shares of the savings and loans company’s stock worth $31,268,000 after purchasing an additional 149,700 shares in the last quarter. 78.25% of the stock is owned by institutional investors.
Capitol Federal Financial Stock Down 0.2 %
CFFN stock opened at $5.30 on Tuesday. Capitol Federal Financial, Inc. has a 12-month low of $4.22 and a 12-month high of $8.93. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 2.78. The company has a market cap of $721.81 million, a price-to-earnings ratio of -6.31 and a beta of 0.43. The company has a 50 day moving average of $4.93 and a two-hundred day moving average of $5.71.
Capitol Federal Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 3rd were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date was Thursday, November 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -40.48%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on CFFN shares. TheStreet cut Capitol Federal Financial from a “c” rating to a “d+” rating in a research note on Monday, October 16th. Piper Sandler decreased their price objective on shares of Capitol Federal Financial from $5.50 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, October 26th. Finally, StockNews.com raised Capitol Federal Financial to a “sell” rating in a research note on Wednesday, October 18th.
View Our Latest Research Report on Capitol Federal Financial
Insiders Place Their Bets
In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 7,000 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were bought at an average price of $5.08 per share, for a total transaction of $35,560.00. Following the purchase, the director now directly owns 87,900 shares in the company, valued at approximately $446,532. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Jeffrey M. Johnson acquired 7,000 shares of Capitol Federal Financial stock in a transaction dated Monday, October 30th. The stock was acquired at an average cost of $5.08 per share, for a total transaction of $35,560.00. Following the completion of the purchase, the director now owns 87,900 shares of the company’s stock, valued at $446,532. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey M. Johnson acquired 6,000 shares of the company’s stock in a transaction dated Tuesday, September 19th. The stock was acquired at an average price of $5.02 per share, for a total transaction of $30,120.00. Following the completion of the purchase, the director now directly owns 80,900 shares of the company’s stock, valued at approximately $406,118. The disclosure for this purchase can be found here. Insiders acquired 47,100 shares of company stock valued at $237,210 over the last ninety days. Corporate insiders own 2.10% of the company’s stock.
Capitol Federal Financial 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 deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.
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