Capitol Federal Financial, Inc. (NASDAQ:CFFN) EVP Rick C. Jackson Buys 10,000 Shares

Capitol Federal Financial, Inc. (NASDAQ:CFFN) EVP Rick C. Jackson bought 10,000 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $5.88 per share, with a total value of $58,800.00. Following the completion of the transaction, the executive vice president now owns 191,428 shares in the company, valued at $1,125,596.64. This represents a 5.51 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Capitol Federal Financial Stock Down 1.1 %

Capitol Federal Financial stock traded down $0.07 during trading hours on Wednesday, hitting $5.83. The company had a trading volume of 350,796 shares, compared to its average volume of 686,917. The firm’s fifty day moving average is $5.90 and its 200-day moving average is $6.10. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. Capitol Federal Financial, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $7.20. The firm has a market capitalization of $773.48 million, a P/E ratio of 14.96 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, research analysts forecast that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 5.84%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is 87.18%.

Analysts Set New Price Targets

Separately, Piper Sandler decreased their target price on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating for the company in a research note on Thursday, January 30th.

Institutional Trading of Capitol Federal Financial

A number of hedge funds have recently modified their holdings of CFFN. Smartleaf Asset Management LLC raised its stake in 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 worth $43,000 after purchasing an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new position in Capitol Federal Financial during the fourth quarter worth about $53,000. KBC Group NV increased its holdings in shares of Capitol Federal Financial by 59.8% during the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after buying an additional 3,463 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in Capitol Federal Financial during the 4th quarter worth approximately $60,000. Finally, Wealthstream Advisors Inc. bought a new stake in shares of Capitol Federal Financial in the fourth quarter worth $63,000. Institutional investors and hedge funds own 88.51% 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.