Nuveen Asset Management LLC Increases Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Nuveen Asset Management LLC boosted its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,669,936 shares of the savings and loans company’s stock after acquiring an additional 167,445 shares during the quarter. Nuveen Asset Management LLC owned 1.26% of Capitol Federal Financial worth $9,869,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CFFN. Numerai GP LLC boosted its holdings in Capitol Federal Financial by 9.9% in the fourth quarter. Numerai GP LLC now owns 88,397 shares of the savings and loans company’s stock valued at $522,000 after purchasing an additional 7,987 shares in the last quarter. Occudo Quantitative Strategies LP grew its position in shares of Capitol Federal Financial by 86.0% in the 4th quarter. Occudo Quantitative Strategies LP now owns 39,097 shares of the savings and loans company’s stock valued at $231,000 after buying an additional 18,079 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Capitol Federal Financial by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,602 shares of the savings and loans company’s stock worth $417,000 after acquiring an additional 2,466 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in Capitol Federal Financial by 50.5% in the fourth quarter. Jefferies Financial Group Inc. now owns 247,487 shares of the savings and loans company’s stock valued at $1,463,000 after acquiring an additional 83,040 shares during the last quarter. Finally, Graham Capital Management L.P. lifted its position in Capitol Federal Financial by 147.6% in the fourth quarter. Graham Capital Management L.P. now owns 111,278 shares of the savings and loans company’s stock valued at $658,000 after acquiring an additional 66,328 shares during the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Insider Activity

In other news, EVP Rick C. Jackson acquired 15,000 shares of Capitol Federal Financial stock in a transaction that occurred on Wednesday, May 7th. The shares were acquired at an average price of $5.69 per share, with a total value of $85,350.00. Following the completion of the purchase, the executive vice president now owns 206,428 shares of the company’s stock, valued at approximately $1,174,575.32. This represents a 7.84% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey M. Johnson purchased 10,000 shares of the business’s stock in a transaction on Friday, March 28th. The shares were bought at an average cost of $5.63 per share, for a total transaction of $56,300.00. Following the purchase, the director now owns 112,900 shares of the company’s stock, valued at $635,627. This trade represents a 9.72% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 60,000 shares of company stock worth $337,750 over the last ninety days. 3.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

Capitol Federal Financial Stock Up 2.7%

CFFN stock opened at $5.75 on Wednesday. The stock has a market capitalization of $763.61 million, a PE ratio of 14.74 and a beta of 0.53. The company has a fifty day moving average of $5.56 and a 200-day moving average of $5.92. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. Capitol Federal Financial, Inc. has a one year low of $4.90 and a one year high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. The company had revenue of $48.79 million for the quarter, compared to analysts’ expectations of $47.81 million. As a group, analysts expect that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend was Friday, May 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 85.00%.

Capitol Federal Financial Company 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.