Capitol Federal Financial (NASDAQ:CFFN) EVP Acquires $48,400.00 in Stock

Capitol Federal Financial (NASDAQ:CFFN) EVP Rick Jackson purchased 8,000 shares of Capitol Federal Financial stock in a transaction dated Friday, October 31st. The stock was acquired at an average price of $6.05 per share, for a total transaction of $48,400.00. Following the completion of the transaction, the executive vice president owned 156,752 shares in the company, valued at approximately $948,349.60. The trade was a 5.38% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Capitol Federal Financial Stock Performance

Shares of Capitol Federal Financial stock traded up $0.13 during trading hours on Monday, reaching $6.17. The company’s stock had a trading volume of 845,720 shares, compared to its average volume of 783,137. The company’s 50 day simple moving average is $6.35 and its 200 day simple moving average is $6.06. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.27 and a current ratio of 1.26. Capitol Federal Financial has a one year low of $4.90 and a one year high of $7.20. The stock has a market cap of $819.52 million, a P/E ratio of 11.87 and a beta of 0.64.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, October 29th. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. Capitol Federal Financial had a net margin of 16.19% and a return on equity of 6.54%. The company had revenue of $54.57 million for the quarter, compared to the consensus estimate of $53.46 million. During the same period last year, the firm posted $0.09 EPS. As a group, analysts expect that Capitol Federal Financial will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, November 7th will be given a $0.085 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.34 annualized dividend and a yield of 5.5%. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 65.38%.

Analysts Set New Price Targets

CFFN has been the topic of several recent research reports. Weiss Ratings downgraded shares of Capitol Federal Financial from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 24th. 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 for the company. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Capitol Federal Financial currently has a consensus rating of “Reduce” and a consensus price target of $7.00.

Hedge Funds Weigh In On Capitol Federal Financial

Several hedge funds have recently made changes to their positions in the business. New York State Common Retirement Fund grew its stake in shares of Capitol Federal Financial by 72.3% in the 3rd quarter. New York State Common Retirement Fund now owns 39,559 shares of the savings and loans company’s stock worth $251,000 after purchasing an additional 16,600 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Capitol Federal Financial by 86.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 80,967 shares of the savings and loans company’s stock worth $516,000 after purchasing an additional 37,537 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its stake in shares of Capitol Federal Financial by 60.2% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 115,365 shares of the savings and loans company’s stock worth $733,000 after purchasing an additional 43,363 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Capitol Federal Financial by 34.9% in the 3rd quarter. Merit Financial Group LLC now owns 22,142 shares of the savings and loans company’s stock worth $141,000 after purchasing an additional 5,728 shares during the last quarter. Finally, Perigon Wealth Management LLC acquired a new position in shares of Capitol Federal Financial in the 3rd quarter worth approximately $74,000. 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.