Hennion & Walsh Asset Management Inc. Lowers Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Hennion & Walsh Asset Management Inc. cut its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 68.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,641 shares of the savings and loans company’s stock after selling 25,767 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Capitol Federal Financial were worth $69,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of CFFN. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Capitol Federal Financial by 75.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,162 shares of the savings and loans company’s stock valued at $127,000 after purchasing an additional 9,976 shares in the last quarter. Intech Investment Management LLC purchased a new stake in Capitol Federal Financial in the 2nd quarter valued at $203,000. AE Wealth Management LLC acquired a new stake in shares of Capitol Federal Financial during the second quarter worth about $216,000. Public Sector Pension Investment Board lifted its position in Capitol Federal Financial by 6.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 271,593 shares of the savings and loans company’s stock worth $1,491,000 after acquiring an additional 16,831 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Capitol Federal Financial by 685.3% during the second quarter. Bank of Montreal Can now owns 101,515 shares of the savings and loans company’s stock worth $559,000 after purchasing an additional 88,588 shares during the period. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lifted their price target on 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 Trading Down 2.1 %

Shares of CFFN stock opened at $5.60 on Thursday. The firm has a market cap of $743.51 million, a P/E ratio of 19.31 and a beta of 0.51. The firm’s 50-day simple moving average is $6.25 and its 200-day simple moving average is $6.11. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.31.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $101.65 million during the quarter, compared to analysts’ expectations of $45.40 million. During the same period in the prior year, the company earned $0.04 EPS. As a group, equities analysts forecast that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Insider Transactions at Capitol Federal Financial

In other news, Director James G. Morris purchased 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average cost of $6.84 per share, with a total value of $102,600.00. Following the transaction, the director now owns 85,995 shares in the company, valued at approximately $588,205.80. The trade was a 21.13 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.20% 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.