Country Club Bank decreased its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 23.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 14,915 shares of the savings and loans company’s stock after selling 4,480 shares during the period. Country Club Bank’s holdings in Capitol Federal Financial were worth $88,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. IFS Advisors LLC grew its holdings 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 valued at $26,000 after purchasing an additional 4,216 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new position in Capitol Federal Financial in the 4th quarter valued at $53,000. KBC Group NV raised its holdings in Capitol Federal Financial by 59.8% in the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after acquiring an additional 3,463 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of Capitol Federal Financial in the third quarter valued at about $66,000. Finally, EP Wealth Advisors LLC bought a new position in shares of Capitol Federal Financial in the third quarter worth about $66,000. 88.51% of the stock is owned by institutional investors.
Capitol Federal Financial Trading Up 0.5 %
Capitol Federal Financial stock opened at $6.11 on Thursday. The stock has a market cap of $811.25 million, a price-to-earnings ratio of 15.67 and a beta of 0.50. The company has a quick ratio of 1.31, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20. The business has a 50 day moving average price of $6.06 and a two-hundred day moving average price of $6.11.
Capitol Federal Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.56%. The ex-dividend date of this dividend is Friday, February 7th. Capitol Federal Financial’s payout ratio is 87.18%.
Insider Transactions at Capitol Federal Financial
In related news, Director Jeffrey M. Johnson purchased 5,000 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average price of $5.97 per share, with a total value of $29,850.00. Following the completion of the acquisition, the director now directly owns 102,900 shares in the company, valued at approximately $614,313. This trade represents a 5.11 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James G. Morris acquired 15,000 shares of Capitol Federal Financial stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the acquisition, the director now owns 85,995 shares in the company, valued at approximately $588,205.80. This represents a 21.13 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 3.20% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Piper Sandler lowered their target price 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 Report on Capitol Federal Financial
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.
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