UBS Group AG Sells 284,730 Shares of Capitol Federal Financial $CFFN

UBS Group AG cut its holdings in Capitol Federal Financial (NASDAQ:CFFN) by 44.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 355,326 shares of the savings and loans company’s stock after selling 284,730 shares during the quarter. UBS Group AG’s holdings in Capitol Federal Financial were worth $2,420,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in CFFN. Millennium Management LLC lifted its position in Capitol Federal Financial by 384.4% during the 3rd quarter. Millennium Management LLC now owns 1,122,725 shares of the savings and loans company’s stock worth $7,129,000 after buying an additional 890,959 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Capitol Federal Financial by 39.8% in the second quarter. AQR Capital Management LLC now owns 2,418,765 shares of the savings and loans company’s stock worth $14,754,000 after acquiring an additional 688,130 shares during the last quarter. Invesco Ltd. raised its stake in shares of Capitol Federal Financial by 25.5% in the second quarter. Invesco Ltd. now owns 2,311,690 shares of the savings and loans company’s stock worth $14,101,000 after acquiring an additional 469,641 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Capitol Federal Financial by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company’s stock worth $86,424,000 after purchasing an additional 442,592 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Capitol Federal Financial by 54.0% during the second quarter. Bank of America Corp DE now owns 860,063 shares of the savings and loans company’s stock valued at $5,246,000 after purchasing an additional 301,556 shares during the last quarter. 88.51% of the stock is owned by institutional investors.

Capitol Federal Financial Trading Up 1.3%

CFFN opened at $7.85 on Wednesday. The firm has a 50 day simple moving average of $7.50 and a 200 day simple moving average of $7.14. Capitol Federal Financial has a fifty-two week low of $5.58 and a fifty-two week high of $7.97. The company has a market cap of $995.14 million, a price-to-earnings ratio of 13.08 and a beta of 0.70. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.21 and a quick ratio of 1.21.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $57.73 million for the quarter, compared to analyst estimates of $56.97 million. Capitol Federal Financial had a return on equity of 7.46% and a net margin of 17.80%. On average, sell-side analysts anticipate that Capitol Federal Financial will post 0.71 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, May 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 56.67%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Piper Sandler increased their price objective on Capitol Federal Financial from $8.00 to $8.50 and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Keefe, Bruyette & Woods lifted their target price on Capitol Federal Financial from $6.50 to $7.50 and gave the company a “market perform” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $8.00.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.