Intech Investment Management LLC Cuts Stock Holdings in Capitol Federal Financial $CFFN

Intech Investment Management LLC lowered its position in Capitol Federal Financial (NASDAQ:CFFN) by 46.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,933 shares of the savings and loans company’s stock after selling 49,007 shares during the period. Intech Investment Management LLC’s holdings in Capitol Federal Financial were worth $341,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in shares of Capitol Federal Financial in the first quarter valued at approximately $12,763,000. Invesco Ltd. raised its position in 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 acquiring an additional 243,002 shares in the last quarter. Cramer Rosenthal Mcglynn LLC lifted its holdings in Capitol Federal Financial by 16.9% in the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,633,518 shares of the savings and loans company’s stock valued at $9,148,000 after acquiring an additional 236,284 shares during the period. Vanguard Group Inc. boosted its position in shares of Capitol Federal Financial by 1.4% during the 1st 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, Wealth Enhancement Advisory Services LLC grew its stake in shares of Capitol Federal Financial by 29.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 43,430 shares of the savings and loans company’s stock worth $279,000 after purchasing an additional 9,994 shares during the period. Institutional investors and hedge funds own 88.51% of the company’s stock.

Capitol Federal Financial Trading Down 0.5%

Shares of CFFN opened at $6.61 on Monday. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.26 and a quick ratio of 1.27. Capitol Federal Financial has a 1-year low of $4.90 and a 1-year high of $6.89. The stock has a market cap of $877.30 million, a price-to-earnings ratio of 12.70 and a beta of 0.72. The firm has a 50 day simple moving average of $6.30 and a 200-day simple moving average 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 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $54.57 million for the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm earned $0.09 EPS. Equities analysts forecast that Capitol Federal Financial will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Friday, November 7th were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Friday, November 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 65.38%.

Analyst Upgrades and Downgrades

Several analysts recently commented on CFFN shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Capitol Federal Financial in a research note on Tuesday, November 25th. Piper Sandler started coverage on shares of Capitol Federal Financial in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $7.00 price target for the company. Finally, Zacks Research raised 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, the company has an average rating of “Hold” and a consensus target price of $7.00.

Insiders Place Their Bets

In other news, EVP Rick C. Jackson bought 8,000 shares of Capitol Federal Financial stock in a transaction on Friday, October 31st. The shares were bought at an average cost of $6.05 per share, for a total transaction of $48,400.00. Following the acquisition, the executive vice president owned 156,752 shares in the company, valued at approximately $948,349.60. This trade represents a 5.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 3.20% of the company’s stock.

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.