Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Acquires 15,000 Shares

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director James G. Morris purchased 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was bought at an average price of $6.84 per share, for a total transaction of $102,600.00. Following the acquisition, the director now owns 85,995 shares of the company’s stock, valued at $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Capitol Federal Financial Trading Down 2.2 %

NASDAQ CFFN traded down $0.15 on Wednesday, hitting $6.61. 544,973 shares of the stock were exchanged, compared to its average volume of 643,372. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.34 and a current ratio of 1.31. The stock has a fifty day moving average price of $6.36 and a two-hundred day moving average price of $5.91. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The firm has a market capitalization of $877.61 million, a P/E ratio of 22.79 and a beta of 0.48.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $101.65 million for the quarter, compared to the consensus estimate of $45.40 million. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. During the same quarter in the prior year, the company posted $0.04 earnings per share. Research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a $0.085 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 annualized dividend and a yield of 5.14%. Capitol Federal Financial’s payout ratio is 117.25%.

Analyst Ratings Changes

Separately, Piper Sandler lifted their price objective on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.

Hedge Funds Weigh In On Capitol Federal Financial

Several hedge funds have recently bought and sold shares of the company. IFS Advisors LLC increased its position in shares of Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after purchasing an additional 4,216 shares during the last quarter. GAMMA Investing LLC boosted its stake in Capitol Federal Financial by 153.7% in the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock valued at $53,000 after acquiring an additional 5,848 shares in the last quarter. KBC Group NV boosted its position 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 valued at $54,000 after purchasing an additional 3,463 shares during the period. Wealthstream Advisors Inc. acquired a new position in Capitol Federal Financial during the second quarter worth approximately $55,000. Finally, CWM LLC grew its position in shares of Capitol Federal Financial by 533.2% during the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after acquiring an additional 9,922 shares during the last quarter. Institutional investors and hedge funds own 88.51% 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.