Wealthstream Advisors Inc. acquired a new stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,643 shares of the savings and loans company’s stock, valued at approximately $63,000.
Several other institutional investors also recently bought and sold shares of the business. Ieq Capital LLC grew its stake in Capitol Federal Financial by 53.7% in the fourth quarter. Ieq Capital LLC now owns 165,677 shares of the savings and loans company’s stock valued at $979,000 after purchasing an additional 57,887 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Capitol Federal Financial by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company’s stock valued at $3,501,000 after buying an additional 16,529 shares during the last quarter. Legacy Financial Strategies LLC bought a new stake in shares of Capitol Federal Financial in the 4th quarter valued at about $250,000. Endeavor Private Wealth Inc. purchased a new position in shares of Capitol Federal Financial in the 4th quarter worth approximately $53,000. Finally, Emprise Bank bought a new position in shares of Capitol Federal Financial during the 4th quarter worth approximately $337,000. 88.51% of the stock is owned by hedge funds and other institutional investors.
Capitol Federal Financial Trading Down 1.4 %
Shares of NASDAQ:CFFN opened at $5.88 on Monday. The business’s 50-day moving average is $5.93 and its 200 day moving average is $6.10. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20. The firm has a market capitalization of $780.12 million, a P/E ratio of 15.06 and a beta of 0.50.
Capitol Federal Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.085 dividend. The ex-dividend date was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.79%. Capitol Federal Financial’s dividend payout ratio is currently 87.18%.
Insider Transactions at Capitol Federal Financial
In other news, Director Jeffrey M. Johnson acquired 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, for a total transaction of $29,850.00. Following the completion of the purchase, the director now directly owns 102,900 shares in the company, valued at $614,313. This trade represents a 5.11 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James G. Morris bought 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of $6.84 per share, for a total transaction of $102,600.00. Following the transaction, the director now owns 85,995 shares of the company’s stock, valued at $588,205.80. The trade was a 21.13 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.20% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Piper Sandler lowered their target price on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating for the company in a research note on Thursday, January 30th.
Get Our Latest Stock Analysis on Capitol Federal Financial
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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