Ensign Peak Advisors Inc Sells 16,450 Shares of Capitol Federal Financial $CFFN

Ensign Peak Advisors Inc cut its position in Capitol Federal Financial (NASDAQ:CFFN) by 16.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,268 shares of the savings and loans company’s stock after selling 16,450 shares during the quarter. Ensign Peak Advisors Inc owned about 0.06% of Capitol Federal Financial worth $526,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Capitol Federal Financial in the 1st quarter worth about $601,000. TD Asset Management Inc lifted its holdings in Capitol Federal Financial by 5.2% during the first quarter. TD Asset Management Inc now owns 218,486 shares of the savings and loans company’s stock valued at $1,224,000 after purchasing an additional 10,804 shares during the last quarter. XTX Topco Ltd bought a new position in Capitol Federal Financial during the first quarter worth about $86,000. Vanguard Group Inc. increased its stake in shares of Capitol Federal Financial by 1.4% in the first quarter. Vanguard Group Inc. now owns 12,984,972 shares of the savings and loans company’s stock worth $72,716,000 after purchasing an additional 173,226 shares in the last quarter. Finally, Invesco Ltd. increased 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 worth $10,315,000 after purchasing an additional 243,002 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CFFN. Piper Sandler started coverage on shares of Capitol Federal Financial in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $7.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Capitol Federal Financial in a report on Tuesday, November 25th. Finally, Zacks Research upgraded Capitol Federal Financial to a “hold” rating in a research note on Tuesday, November 4th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Capitol Federal Financial presently has a consensus rating of “Hold” and an average price target of $7.00.

Insider Transactions at Capitol Federal Financial

In related news, EVP Rick C. Jackson bought 8,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average cost of $6.05 per share, for a total transaction of $48,400.00. Following the completion of the transaction, the executive vice president owned 156,752 shares of the company’s stock, valued at approximately $948,349.60. The trade was a 5.38% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.20% of the company’s stock.

Capitol Federal Financial Stock Performance

Shares of CFFN opened at $6.61 on Monday. Capitol Federal Financial has a 12-month low of $4.90 and a 12-month high of $6.89. The company has a current ratio of 1.26, a quick ratio of 1.27 and a debt-to-equity ratio of 1.86. The company has a market cap of $877.30 million, a PE ratio of 12.70 and a beta of 0.72. The stock has a 50-day moving average price of $6.30 and a 200-day moving average price of $6.16.

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, meeting analysts’ consensus estimates of $0.14. Capitol Federal Financial had a net margin of 16.19% and a return on equity of 6.54%. The business had revenue of $54.57 million for the quarter, compared to the consensus estimate of $53.46 million. During the same period last year, the firm posted $0.09 earnings per share. 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 business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, November 7th were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, November 7th. Capitol Federal Financial’s payout ratio is currently 65.38%.

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.