Cwm LLC lifted its stake in shares of Capitol Federal Financial (NASDAQ:CFFN – Free Report) by 105.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 161,772 shares of the savings and loans company’s stock after acquiring an additional 82,960 shares during the period. Cwm LLC owned 0.12% of Capitol Federal Financial worth $1,027,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in shares of Capitol Federal Financial by 474.6% in the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company’s stock valued at $35,000 after purchasing an additional 4,760 shares during the period. Hantz Financial Services Inc. boosted its holdings in Capitol Federal Financial by 450.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 7,403 shares of the savings and loans company’s stock valued at $45,000 after purchasing an additional 6,058 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Capitol Federal Financial by 180.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company’s stock valued at $52,000 after purchasing an additional 5,470 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of Capitol Federal Financial in the 2nd quarter valued at approximately $64,000. Finally, Strs Ohio acquired a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $59,000. Institutional investors and hedge funds own 88.51% of the company’s stock.
Analysts Set New Price Targets
CFFN has been the topic of a number of recent analyst reports. Piper Sandler initiated coverage on Capitol Federal Financial in a report on Wednesday, October 22nd. They issued a “neutral” rating and a $7.00 price objective on the stock. Zacks Research upgraded Capitol Federal Financial to a “hold” rating in a research report on Tuesday, November 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capitol Federal Financial in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $7.00.
Capitol Federal Financial Trading Down 0.4%
Shares of NASDAQ CFFN opened at $6.71 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of $881.96 million, a PE ratio of 12.90 and a beta of 0.69. Capitol Federal Financial has a twelve month low of $4.90 and a twelve month high of $7.30. The stock has a fifty day simple moving average of $6.63 and a 200-day simple moving average of $6.38.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) 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 company had revenue of $54.57 million during 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 period last year, the business posted $0.09 EPS. On average, equities analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current year.
Capitol Federal Financial Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Friday, January 9th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.16 annualized dividend and a dividend yield of 2.4%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 65.38%.
Insider Buying and Selling at Capitol Federal Financial
In other Capitol Federal Financial news, EVP Rick C. Jackson bought 8,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average cost of $6.05 per share, with a total value of $48,400.00. Following the purchase, the executive vice president directly owned 156,752 shares in the company, valued at approximately $948,349.60. This represents a 5.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.80% of the company’s stock.
Capitol Federal Financial Company Profile
Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.
Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.
Featured Articles
- Five stocks we like better than Capitol Federal Financial
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- A U.S. “birthright” claim worth trillions – activated quietly
- BNZI: BNZI Surges Ahead as AI Marketing Fuels Record Revenue
- This stock gets a 94 out of 100
Receive News & Ratings for Capitol Federal Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitol Federal Financial and related companies with MarketBeat.com's FREE daily email newsletter.
