Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 52.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,052,949 shares of the savings and loans company’s stock after buying an additional 362,291 shares during the period. JPMorgan Chase & Co.’s holdings in Capitol Federal Financial were worth $6,149,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. IFS Advisors LLC increased its stake in Capitol Federal Financial by 1,865.5% during the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after acquiring an additional 4,216 shares during the last quarter. KBC Group NV increased its position in Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after purchasing an additional 3,463 shares in the last quarter. Point72 DIFC Ltd purchased a new position in Capitol Federal Financial in the third quarter valued at approximately $66,000. EP Wealth Advisors LLC acquired a new position in Capitol Federal Financial during the third quarter valued at approximately $66,000. Finally, GAMMA Investing LLC grew its stake in Capitol Federal Financial by 20.7% during the third quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock worth $68,000 after buying an additional 1,995 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capitol Federal Financial

In related news, Director James G. Morris purchased 15,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was acquired at an average price of $6.84 per share, with a total value of $102,600.00. Following the completion of the transaction, the director now owns 85,995 shares of the company’s stock, valued at $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.20% of the stock is currently owned by corporate insiders.

Capitol Federal Financial Price Performance

CFFN stock opened at $5.74 on Thursday. The stock has a 50-day simple moving average of $6.40 and a 200-day simple moving average of $6.10. The firm has a market cap of $762.12 million, a P/E ratio of 19.79 and a beta of 0.51. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.31. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. The company had revenue of $101.65 million during the quarter, compared to the consensus estimate of $45.40 million. During the same quarter last year, the company earned $0.04 earnings per share. On average, equities analysts predict that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a $0.085 dividend. The ex-dividend date was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.92%. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.

Wall Street Analysts Forecast Growth

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

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.