State of New Jersey Common Pension Fund D Purchases 1,872 Shares of Capitol Federal Financial $CFFN

State of New Jersey Common Pension Fund D lifted its position in Capitol Federal Financial (NASDAQ:CFFN) by 0.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 334,834 shares of the savings and loans company’s stock after purchasing an additional 1,872 shares during the period. State of New Jersey Common Pension Fund D owned about 0.25% of Capitol Federal Financial worth $2,042,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in CFFN. Summit Securities Group LLC purchased a new stake in Capitol Federal Financial in the first quarter worth $26,000. Strs Ohio purchased a new stake in Capitol Federal Financial in the first quarter worth $59,000. Robeco Institutional Asset Management B.V. purchased a new stake in Capitol Federal Financial in the first quarter worth $62,000. SeaCrest Wealth Management LLC purchased a new stake in Capitol Federal Financial in the second quarter worth $71,000. Finally, XTX Topco Ltd purchased a new stake in Capitol Federal Financial in the first quarter worth $86,000. Institutional investors own 88.51% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Piper Sandler assumed coverage on Capitol Federal Financial in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $7.00 price target for the company. Weiss Ratings lowered Capitol Federal Financial from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Capitol Federal Financial presently has an average rating of “Reduce” and an average target price of $7.00.

Capitol Federal Financial Stock Performance

Shares of Capitol Federal Financial stock opened at $6.02 on Thursday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $799.58 million, a P/E ratio of 12.81 and a beta of 0.64. The business has a fifty day simple moving average of $6.35 and a two-hundred day simple moving average of $6.04. Capitol Federal Financial has a 12 month low of $4.90 and a 12 month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, October 29th. The savings and loans company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. The business had revenue of $54.57 million during the quarter, compared to analyst estimates of $53.46 million. Capitol Federal Financial had a return on equity of 5.92% and a net margin of 14.87%.During the same quarter last year, the firm posted $0.09 earnings per share. On average, equities analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, November 7th will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.34 annualized dividend and a yield of 5.6%. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 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.