Country Club Bank decreased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 23.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,915 shares of the savings and loans company’s stock after selling 4,480 shares during the quarter. Country Club Bank’s holdings in Capitol Federal Financial were worth $88,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of CFFN. GAMMA Investing LLC boosted its holdings in shares of Capitol Federal Financial by 20.7% in the third quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock valued at $68,000 after acquiring an additional 1,995 shares in the last quarter. Diversified Trust Co boosted its stake in Capitol Federal Financial by 10.0% during the 3rd quarter. Diversified Trust Co now owns 26,573 shares of the savings and loans company’s stock valued at $155,000 after purchasing an additional 2,425 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Capitol Federal Financial by 9.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company’s stock valued at $194,000 after purchasing an additional 2,731 shares during the period. KBC Group NV raised its stake in shares of Capitol Federal Financial by 59.8% in the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after buying an additional 3,463 shares in the last quarter. Finally, IFS Advisors LLC lifted its holdings in shares of Capitol Federal Financial by 1,865.5% in the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after buying an additional 4,216 shares during the period. Institutional investors own 88.51% of the company’s stock.
Capitol Federal Financial Stock Up 0.5 %
CFFN stock opened at $6.11 on Thursday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.31. The firm has a market capitalization of $811.25 million, a P/E ratio of 15.67 and a beta of 0.50. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The company’s 50 day simple moving average is $6.06 and its 200-day simple moving average is $6.11.
Capitol Federal Financial Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a $0.085 dividend. The ex-dividend date is Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.56%. Capitol Federal Financial’s dividend payout ratio is 87.18%.
Wall Street Analyst Weigh In
Separately, Piper Sandler lowered their target price on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, January 30th.
View Our Latest Analysis on CFFN
Insider Transactions at Capitol Federal Financial
In other news, Director James G. Morris purchased 15,000 shares of Capitol Federal Financial stock in a transaction dated Monday, December 2nd. The stock was acquired at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the acquisition, the director now directly owns 85,995 shares in the company, valued at $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Jeffrey M. Johnson purchased 5,000 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average cost of $5.97 per share, with a total value of $29,850.00. Following the purchase, the director now owns 102,900 shares in the company, valued at $614,313. This represents a 5.11 % increase in their position. The disclosure for this purchase can be found here. 3.20% of the stock is owned by insiders.
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.
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