Stifel Financial Corp Purchases 5,673 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Stifel Financial Corp raised its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 9.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 66,067 shares of the savings and loans company’s stock after acquiring an additional 5,673 shares during the period. Stifel Financial Corp’s holdings in Capitol Federal Financial were worth $386,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP bought a new stake in shares of Capitol Federal Financial in the third quarter worth $76,000. Point72 DIFC Ltd bought a new stake in Capitol Federal Financial during the 3rd quarter worth about $66,000. Azora Capital LP boosted its stake in shares of Capitol Federal Financial by 7.9% during the 3rd quarter. Azora Capital LP now owns 1,465,821 shares of the savings and loans company’s stock worth $8,560,000 after buying an additional 107,826 shares during the last quarter. Paloma Partners Management Co acquired a new position in shares of Capitol Federal Financial during the 3rd quarter worth about $131,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Capitol Federal Financial in the 3rd quarter valued at about $82,000. Institutional investors own 88.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In related news, Director James G. Morris acquired 15,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was purchased at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the completion of the transaction, the director now directly owns 85,995 shares of the company’s stock, valued at approximately $588,205.80. The trade was a 21.13 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.20% of the stock is owned by insiders.

Capitol Federal Financial Stock Performance

NASDAQ CFFN opened at $5.95 on Friday. The firm has a market capitalization of $790.01 million, a P/E ratio of 20.52 and a beta of 0.48. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 2.11. The firm’s fifty day moving average price is $6.55 and its two-hundred day moving average price is $6.05. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. The company had revenue of $101.65 million for the quarter, compared to analysts’ expectations of $45.40 million. During the same period in the prior year, the firm earned $0.04 EPS. As a group, research analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.71%. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.

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.