Proficio Capital Partners LLC acquired a new stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,386 shares of the savings and loans company’s stock, valued at approximately $138,000.
Several other institutional investors have also modified their holdings of CFFN. Fidelis Capital Partners LLC acquired a new position in Capitol Federal Financial in the fourth quarter valued at approximately $74,000. Jones Financial Companies Lllp lifted its position in shares of Capitol Federal Financial by 78.6% during the 4th quarter. Jones Financial Companies Lllp now owns 20,637 shares of the savings and loans company’s stock worth $122,000 after buying an additional 9,080 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Capitol Federal Financial by 131.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock valued at $43,000 after buying an additional 4,093 shares in the last quarter. Versor Investments LP acquired a new stake in Capitol Federal Financial during the 4th quarter worth $87,000. Finally, Wealthstream Advisors Inc. acquired a new stake in Capitol Federal Financial during the 4th quarter worth $63,000. 88.51% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, EVP Rick C. Jackson acquired 10,000 shares of Capitol Federal Financial stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average price of $5.88 per share, for a total transaction of $58,800.00. Following the completion of the transaction, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James G. Morris bought 15,000 shares of the company’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the transaction, the director now directly owns 100,995 shares in the company, valued at $571,631.70. This trade represents a 17.44 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 40,000 shares of company stock valued at $229,850. 3.20% of the stock is owned by company insiders.
Capitol Federal Financial Stock Performance
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. As a group, equities analysts predict that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.
Capitol Federal Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 5.98%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 87.18%.
Analyst Ratings Changes
Separately, Piper Sandler dropped their price objective on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, January 30th.
Check Out Our Latest Stock Analysis on CFFN
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.
Featured Stories
- Five stocks we like better than Capitol Federal Financial
- How to Effectively Use the MarketBeat Ratings Screener
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- What is a SEC Filing?
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- How is Compound Interest Calculated?
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Want to see what other hedge funds are holding CFFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report).
Receive News & Ratings for Capitol Federal Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitol Federal Financial and related companies with MarketBeat.com's FREE daily email newsletter.