Insider Buying: Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Purchases $84,900.00 in Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director James G. Morris purchased 15,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was acquired at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the completion of the transaction, the director now directly owns 100,995 shares of the company’s stock, valued at approximately $571,631.70. This trade represents a 17.44 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Capitol Federal Financial Trading Down 1.0 %

Capitol Federal Financial stock opened at $5.69 on Friday. Capitol Federal Financial, Inc. has a 12-month low of $4.76 and a 12-month high of $7.20. The firm has a market capitalization of $755.55 million, a price-to-earnings ratio of 14.59 and a beta of 0.49. The firm has a 50 day moving average of $5.86 and a 200 day moving average of $6.09. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.11.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, beating 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%. As a group, research analysts predict 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 disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) 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 on the stock in a report on Thursday, January 30th.

Institutional Trading of Capitol Federal Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its holdings in Capitol Federal Financial by 3.3% in the 4th quarter. Captrust Financial Advisors now owns 55,695 shares of the savings and loans company’s stock valued at $329,000 after acquiring an additional 1,798 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of Capitol Federal Financial by 19.0% in the 4th quarter. EP Wealth Advisors LLC now owns 13,439 shares of the savings and loans company’s stock valued at $79,000 after acquiring an additional 2,144 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Capitol Federal Financial by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,602 shares of the savings and loans company’s stock worth $417,000 after acquiring an additional 2,466 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Capitol Federal Financial by 9.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company’s stock valued at $194,000 after purchasing an additional 2,731 shares during the period. Finally, Mariner LLC lifted its stake in shares of Capitol Federal Financial by 1.9% in the 4th quarter. Mariner LLC now owns 164,765 shares of the savings and loans company’s stock valued at $974,000 after purchasing an additional 3,080 shares during the last quarter. Institutional investors 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.