Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,844,700 shares of the savings and loans company’s stock after selling 37,488 shares during the quarter. Geode Capital Management LLC’s holdings in Capitol Federal Financial were worth $16,617,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC increased its holdings in shares of Capitol Federal Financial by 4.9% in the 2nd quarter. Renaissance Technologies LLC now owns 4,340,076 shares of the savings and loans company’s stock valued at $23,827,000 after acquiring an additional 203,200 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Capitol Federal Financial in the third quarter worth $152,000. Barclays PLC increased its stake in Capitol Federal Financial by 71.3% during the third quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock valued at $1,587,000 after purchasing an additional 113,106 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Capitol Federal Financial by 59.9% during the second quarter. AQR Capital Management LLC now owns 1,494,969 shares of the savings and loans company’s stock worth $8,207,000 after purchasing an additional 560,103 shares during the period. Finally, Algert Global LLC bought a new position in shares of Capitol Federal Financial in the 2nd quarter worth about $70,000. Institutional investors own 88.51% of the company’s stock.

Analyst Ratings Changes

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

Capitol Federal Financial Price Performance

Shares of NASDAQ:CFFN opened at $5.95 on Monday. The stock’s 50 day moving average price is $6.55 and its 200 day moving average price is $6.06. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.31. The stock has a market cap of $790.01 million, a price-to-earnings ratio of 20.52 and a beta of 0.48. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The company had revenue of $101.65 million for the quarter, compared to analysts’ expectations 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 previous year, the company posted $0.04 EPS. Equities research analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.71%. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director James G. Morris bought 15,000 shares of the stock in a transaction on Monday, December 2nd. The shares were bought at an average price of $6.84 per share, with a total value of $102,600.00. Following the purchase, the director now directly owns 85,995 shares in the company, valued at $588,205.80. The trade was a 21.13 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.20% of the stock is owned by insiders.

Capitol Federal Financial 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.