Prudential Financial Inc. Trims Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Prudential Financial Inc. cut its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 35.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,747 shares of the savings and loans company’s stock after selling 70,500 shares during the quarter. Prudential Financial Inc. owned approximately 0.10% of Capitol Federal Financial worth $749,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Fox Run Management L.L.C. increased its stake in shares of Capitol Federal Financial by 197.7% in the fourth quarter. Fox Run Management L.L.C. now owns 55,566 shares of the savings and loans company’s stock worth $328,000 after buying an additional 36,903 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Capitol Federal Financial during the 4th quarter worth $143,000. Sei Investments Co. increased its position in shares of Capitol Federal Financial by 66.3% in the 4th quarter. Sei Investments Co. now owns 168,756 shares of the savings and loans company’s stock worth $997,000 after purchasing an additional 67,276 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Capitol Federal Financial in the 4th quarter valued at about $116,000. Finally, Semanteon Capital Management LP bought a new position in shares of Capitol Federal Financial during the fourth quarter worth about $537,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Jeffrey M. Johnson purchased 5,000 shares of the stock in a transaction dated Friday, January 31st. The stock was acquired at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the transaction, the director now owns 102,900 shares of the company’s stock, valued at approximately $614,313. The trade was a 5.11 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rick C. Jackson acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $5.88 per share, for a total transaction of $58,800.00. Following the acquisition, the executive vice president now owns 191,428 shares in the company, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 40,000 shares of company stock worth $229,850 in the last three months. 3.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler cut their price objective on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Thursday, January 30th.

Capitol Federal Financial Price Performance

CFFN stock opened at $5.25 on Tuesday. The firm has a market cap of $697.13 million, a price-to-earnings ratio of 13.46 and a beta of 0.52. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The firm has a fifty day moving average price of $5.83 and a two-hundred day moving average price of $6.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. Research analysts predict that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a yield of 6.48%. Capitol Federal Financial’s dividend payout ratio is currently 87.18%.

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.