D. E. Shaw & Co. Inc. Decreases Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

D. E. Shaw & Co. Inc. lowered its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 48.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 289,235 shares of the savings and loans company’s stock after selling 269,512 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.22% of Capitol Federal Financial worth $1,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Endeavor Private Wealth Inc. purchased a new stake in Capitol Federal Financial during the fourth quarter valued at $53,000. Legacy Financial Strategies LLC purchased a new stake in Capitol Federal Financial during the fourth quarter valued at $250,000. Principal Financial Group Inc. increased its position in Capitol Federal Financial by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company’s stock valued at $3,501,000 after acquiring an additional 16,529 shares during the last quarter. Ieq Capital LLC increased its position in Capitol Federal Financial by 53.7% during the fourth quarter. Ieq Capital LLC now owns 165,677 shares of the savings and loans company’s stock valued at $979,000 after acquiring an additional 57,887 shares during the last quarter. Finally, Wealthstream Advisors Inc. purchased a new stake in Capitol Federal Financial during the fourth quarter valued at $63,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Wall Street Analyst Weigh In

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

Capitol Federal Financial Stock Down 4.1%

Capitol Federal Financial stock opened at $5.65 on Thursday. The stock has a fifty day moving average of $5.56 and a 200 day moving average of $5.96. Capitol Federal Financial, Inc. has a one year low of $4.90 and a one year high of $7.20. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market cap of $750.33 million, a PE ratio of 14.49 and a beta of 0.53.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $48.79 million during the quarter, compared to analysts’ expectations of $47.81 million. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. As a group, sell-side 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 declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend was Friday, May 2nd. Capitol Federal Financial’s payout ratio is 85.00%.

Insiders Place Their Bets

In other Capitol Federal Financial news, EVP Rick C. Jackson acquired 10,000 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of $5.88 per share, with a total value of $58,800.00. Following the completion of the purchase, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. The trade was a 5.51% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James G. Morris acquired 15,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average cost of $5.66 per share, with a total value of $84,900.00. Following the purchase, the director now owns 100,995 shares of the company’s stock, valued at approximately $571,631.70. This trade represents a 17.44% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 70,000 shares of company stock worth $396,550 over the last quarter. 3.20% of the stock is currently owned by corporate insiders.

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 accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.