UMB Bank n.a. Sells 24,000 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

UMB Bank n.a. lowered its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 64.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,131 shares of the savings and loans company’s stock after selling 24,000 shares during the period. UMB Bank n.a.’s holdings in Capitol Federal Financial were worth $78,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of CFFN. Emprise Bank purchased a new position in Capitol Federal Financial in the 4th quarter worth approximately $337,000. JPMorgan Chase & Co. increased its stake in shares of Capitol Federal Financial by 52.5% in the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock worth $6,149,000 after buying an additional 362,291 shares during the period. Barclays PLC raised its holdings in Capitol Federal Financial by 71.3% during the 3rd quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock valued at $1,587,000 after buying an additional 113,106 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its position in Capitol Federal Financial by 57.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 124,976 shares of the savings and loans company’s stock valued at $730,000 after buying an additional 45,827 shares during the period. Finally, XTX Topco Ltd grew its holdings in Capitol Federal Financial by 382.2% in the 3rd quarter. XTX Topco Ltd now owns 56,352 shares of the savings and loans company’s stock worth $329,000 after acquiring an additional 44,666 shares during the last quarter. Institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price objective 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 Price Performance

CFFN opened at $5.65 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market capitalization of $750.15 million, a PE ratio of 19.48 and a beta of 0.51. The stock’s 50 day moving average price is $6.20 and its 200-day moving average price is $6.11. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week 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 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 business had revenue of $101.65 million for the quarter, compared to the consensus estimate of $45.40 million. During the same period in the previous year, the firm earned $0.04 EPS. On average, equities research analysts predict that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Insider Activity

In other news, Director James G. Morris purchased 15,000 shares of Capitol Federal Financial stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average cost of $6.84 per share, with a total value of $102,600.00. Following the completion of the purchase, the director now directly owns 85,995 shares in the company, valued at approximately $588,205.80. This trade represents a 21.13 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.20% of the company’s stock.

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.