MetLife Investment Management LLC Lowers Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

MetLife Investment Management LLC lowered its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 16.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,766 shares of the savings and loans company’s stock after selling 11,463 shares during the quarter. MetLife Investment Management LLC’s holdings in Capitol Federal Financial were worth $349,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFS Advisors LLC raised its position in shares of Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after purchasing an additional 4,216 shares during the last quarter. KBC Group NV raised its position in shares of Capitol Federal Financial by 59.8% in the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after purchasing an additional 3,463 shares during the last quarter. Wealthstream Advisors Inc. purchased a new position in shares of Capitol Federal Financial in the 2nd quarter worth about $55,000. GAMMA Investing LLC raised its position in shares of Capitol Federal Financial by 20.7% in the 3rd quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock worth $68,000 after purchasing an additional 1,995 shares during the last quarter. Finally, CWM LLC raised its position in shares of Capitol Federal Financial by 533.2% in the 2nd quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after purchasing an additional 9,922 shares during the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Analysts Set New Price Targets

Separately, Piper Sandler lifted their price target on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th.

Insider Buying and Selling at Capitol Federal Financial

In other news, Director James G. Morris purchased 15,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the purchase, the director now directly owns 85,995 shares in the company, valued at $588,205.80. This trade represents a 21.13 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.20% of the company’s stock.

Capitol Federal Financial Price Performance

Shares of NASDAQ:CFFN opened at $6.69 on Monday. Capitol Federal Financial, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $7.20. The business has a 50-day simple moving average of $6.42 and a two-hundred day simple moving average of $5.95. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.34 and a current ratio of 1.31. The firm has a market cap of $888.23 million, a price-to-earnings ratio of 23.07 and a beta of 0.48.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. The business had revenue of $101.65 million during the quarter, compared to analyst estimates of $45.40 million. During the same quarter in the previous year, the firm earned $0.04 EPS. On average, analysts expect that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a dividend of $0.085 per share. The ex-dividend date was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.08%. Capitol Federal Financial’s dividend payout ratio is currently 117.25%.

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 deposit.