Focus Partners Advisor Solutions LLC Sells 51,925 Shares of Capitol Federal Financial $CFFN

Focus Partners Advisor Solutions LLC reduced its position in shares of Capitol Federal Financial (NASDAQ:CFFN) by 82.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,933 shares of the savings and loans company’s stock after selling 51,925 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Capitol Federal Financial were worth $67,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC bought a new stake in shares of Capitol Federal Financial in the 2nd quarter valued at $48,165,000. Nuveen LLC bought a new position in Capitol Federal Financial during the 1st quarter valued at $12,763,000. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Capitol Federal Financial by 24.6% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,086,950 shares of the savings and loans company’s stock worth $11,687,000 after buying an additional 411,370 shares during the last quarter. Foundry Partners LLC raised its stake in shares of Capitol Federal Financial by 114.3% during the 1st quarter. Foundry Partners LLC now owns 734,510 shares of the savings and loans company’s stock worth $4,113,000 after purchasing an additional 391,710 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Capitol Federal Financial by 15.2% in the first quarter. Invesco Ltd. now owns 1,842,049 shares of the savings and loans company’s stock valued at $10,315,000 after buying an additional 243,002 shares during the period. 88.51% of the stock is currently owned by institutional investors.

Capitol Federal Financial Trading Up 0.3%

Capitol Federal Financial stock opened at $6.04 on Friday. The stock has a market cap of $802.23 million, a P/E ratio of 11.62 and a beta of 0.64. Capitol Federal Financial has a fifty-two week low of $4.90 and a fifty-two week high of $7.20. The firm’s fifty day moving average price is $6.35 and its 200-day moving average price is $6.06. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.27 and a current ratio of 1.26.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, October 29th. The savings and loans company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. The business had revenue of $54.57 million for the quarter, compared to analyst estimates of $53.46 million. Capitol Federal Financial had a return on equity of 6.54% and a net margin of 16.19%.During the same period in the prior year, the company earned $0.09 EPS. Equities research analysts forecast 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 disclosed a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, November 7th will be given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Friday, November 7th. Capitol Federal Financial’s dividend payout ratio is 72.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Piper Sandler assumed coverage on shares of Capitol Federal Financial in a report on Wednesday, October 22nd. They set a “neutral” rating and a $7.00 target price on the stock. 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 investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $7.00.

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.