Bank of America Corp DE Decreases Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Bank of America Corp DE trimmed its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 22.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 292,307 shares of the savings and loans company’s stock after selling 82,796 shares during the period. Bank of America Corp DE owned 0.22% of Capitol Federal Financial worth $1,728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Mariner LLC grew its holdings in Capitol Federal Financial by 1.9% during the fourth quarter. Mariner LLC now owns 164,765 shares of the savings and loans company’s stock valued at $974,000 after purchasing an additional 3,080 shares during the period. Smartleaf Asset Management LLC grew its holdings in Capitol Federal Financial by 131.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock valued at $43,000 after purchasing an additional 4,093 shares during the period. CANADA LIFE ASSURANCE Co grew its holdings in Capitol Federal Financial by 6.1% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 130,935 shares of the savings and loans company’s stock valued at $772,000 after purchasing an additional 7,525 shares during the period. Jones Financial Companies Lllp grew its holdings in Capitol Federal Financial by 78.6% during the fourth quarter. Jones Financial Companies Lllp now owns 20,637 shares of the savings and loans company’s stock valued at $122,000 after purchasing an additional 9,080 shares during the period. Finally, O Shaughnessy Asset Management LLC bought a new position in Capitol Federal Financial during the fourth quarter valued at $60,000. 88.51% of the stock is owned by institutional investors.

Insider Transactions at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson purchased 20,000 shares of the business’s stock in a transaction dated Friday, April 25th. The stock was purchased at an average cost of $5.56 per share, with a total value of $111,200.00. Following the completion of the acquisition, the director now directly owns 132,900 shares of the company’s stock, valued at approximately $738,924. The trade was a 17.71% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rick C. Jackson purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, May 7th. The stock was bought at an average cost of $5.69 per share, with a total value of $85,350.00. Following the completion of the acquisition, the executive vice president now directly owns 206,428 shares of the company’s stock, valued at approximately $1,174,575.32. This trade represents a 7.84% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 60,000 shares of company stock valued at $337,750 over the last three months. Company insiders own 3.20% of the company’s stock.

Capitol Federal Financial Price Performance

Shares of NASDAQ CFFN opened at $5.74 on Wednesday. The stock has a fifty day simple moving average of $5.55 and a two-hundred day simple moving average of $5.88. Capitol Federal Financial, Inc. has a 1-year low of $4.90 and a 1-year high of $7.20. The firm has a market cap of $762.28 million, a price-to-earnings ratio of 14.72 and a beta of 0.53. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.11.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share for the quarter, beating 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 business had revenue of $48.79 million during the quarter, compared to analyst estimates of $47.81 million. Analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend was Friday, May 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is 85.00%.

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.