Maryland State Retirement & Pension System Cuts Stock Holdings in Capitol Federal Financial $CFFN

Maryland State Retirement & Pension System reduced its stake in shares of Capitol Federal Financial (NASDAQ:CFFN) by 13.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,649 shares of the savings and loans company’s stock after selling 5,589 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Capitol Federal Financial were worth $200,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CFFN. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Capitol Federal Financial during the first quarter valued at about $62,000. PharVision Advisers LLC acquired a new stake in Capitol Federal Financial in the fourth quarter valued at approximately $70,000. EP Wealth Advisors LLC boosted its stake in Capitol Federal Financial by 19.0% in the fourth quarter. EP Wealth Advisors LLC now owns 13,439 shares of the savings and loans company’s stock valued at $79,000 after acquiring an additional 2,144 shares in the last quarter. XTX Topco Ltd purchased a new position in Capitol Federal Financial in the first quarter worth $86,000. Finally, Pallas Capital Advisors LLC acquired a new position in Capitol Federal Financial during the 1st quarter valued at about $97,000. Institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Price Performance

Shares of CFFN stock opened at $6.11 on Wednesday. Capitol Federal Financial has a fifty-two week low of $4.90 and a fifty-two week high of $7.20. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market capitalization of $811.53 million, a price-to-earnings ratio of 13.00 and a beta of 0.60. The stock’s 50-day simple moving average is $6.08 and its 200-day simple moving average is $5.83.

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

Capitol Federal Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, August 1st. Capitol Federal Financial’s dividend payout ratio is 72.34%.

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.