Cerity Partners LLC Increases Stake in Capitol Federal Financial (NASDAQ:CFFN)

Cerity Partners LLC increased its position in shares of Capitol Federal Financial (NASDAQ:CFFN) by 52.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,248 shares of the savings and loans company’s stock after buying an additional 18,219 shares during the period. Cerity Partners LLC’s holdings in Capitol Federal Financial were worth $298,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in Capitol Federal Financial by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 1,270,978 shares of the savings and loans company’s stock worth $7,117,000 after buying an additional 37,521 shares during the period. Nuveen Asset Management LLC lifted its holdings in Capitol Federal Financial by 11.1% during the fourth quarter. Nuveen Asset Management LLC now owns 1,669,936 shares of the savings and loans company’s stock worth $9,869,000 after buying an additional 167,445 shares during the period. GAMMA Investing LLC lifted its holdings in Capitol Federal Financial by 474.5% during the first quarter. GAMMA Investing LLC now owns 67,295 shares of the savings and loans company’s stock worth $377,000 after buying an additional 55,582 shares during the period. Virtu Financial LLC purchased a new position in Capitol Federal Financial in the fourth quarter valued at about $116,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Capitol Federal Financial by 14.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 33,436 shares of the savings and loans company’s stock valued at $187,000 after purchasing an additional 4,262 shares during the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Insider Transactions at Capitol Federal Financial

In related news, EVP Rick C. Jackson bought 15,000 shares of the business’s stock in a transaction on Wednesday, May 7th. The shares were bought at an average price of $5.69 per share, for a total transaction of $85,350.00. Following the completion of the purchase, the executive vice president directly owned 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.20% of the stock is owned by company insiders.

Capitol Federal Financial Price Performance

CFFN opened at $6.23 on Monday. The business’s 50-day moving average is $5.99 and its two-hundred day moving average is $5.80. Capitol Federal Financial has a 1 year low of $4.90 and a 1 year high of $7.20. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.27 and a quick ratio of 1.28. The firm has a market capitalization of $827.34 million, a PE ratio of 13.26 and a beta of 0.56.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. Capitol Federal Financial had a return on equity of 5.92% and a net margin of 14.87%. The company had revenue of $50.75 million for the quarter, compared to analyst estimates of $50.51 million. Research analysts anticipate that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be paid a $0.085 dividend. The ex-dividend date is Friday, August 1st. This represents a $0.34 annualized dividend and a yield of 5.46%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 72.34%.

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.