Insider Buying: Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Buys 5,000 Shares of Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Jeffrey M. Johnson bought 5,000 shares of Capitol Federal Financial stock in a transaction dated 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 completion of the acquisition, the director now directly owns 102,900 shares in the company, valued at approximately $614,313. The trade was a 5.11 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Capitol Federal Financial Stock Performance

CFFN traded down $0.01 during trading on Monday, hitting $5.94. The stock had a trading volume of 679,400 shares, compared to its average volume of 764,594. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The firm has a market capitalization of $788.65 million, a P/E ratio of 15.23 and a beta of 0.50. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.30. The company’s 50-day moving average price is $6.11 and its 200 day moving average price is $6.11.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, equities research analysts forecast that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid 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 5.72%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 87.18%.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped their price objective on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Thursday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. IFS Advisors LLC lifted its holdings in 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 acquiring an additional 4,216 shares during the period. Endeavor Private Wealth Inc. purchased a new stake in Capitol Federal Financial during the fourth quarter worth about $53,000. KBC Group NV grew its position in Capitol Federal Financial by 59.8% during the third 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 during the period. Point72 DIFC Ltd purchased a new position in Capitol Federal Financial in the third quarter valued at about $66,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Capitol Federal Financial during the 3rd quarter valued at approximately $66,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

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.