Everence Capital Management Inc. Purchases 14,370 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Everence Capital Management Inc. increased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 68.0% during the 4th quarter, Holdings Channel reports. The firm owned 35,510 shares of the savings and loans company’s stock after acquiring an additional 14,370 shares during the period. Everence Capital Management Inc.’s holdings in Capitol Federal Financial were worth $229,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assenagon Asset Management S.A. raised its position in shares of Capitol Federal Financial by 770.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 279,333 shares of the savings and loans company’s stock valued at $1,332,000 after purchasing an additional 247,248 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Capitol Federal Financial by 6.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,793,378 shares of the savings and loans company’s stock valued at $8,554,000 after purchasing an additional 115,083 shares during the period. Aigen Investment Management LP bought a new stake in shares of Capitol Federal Financial during the 3rd quarter valued at $215,000. Financial Counselors Inc. raised its position in shares of Capitol Federal Financial by 8.2% during the 4th quarter. Financial Counselors Inc. now owns 27,391 shares of the savings and loans company’s stock valued at $177,000 after purchasing an additional 2,070 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of Capitol Federal Financial by 4,393.5% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 4,853 shares of the savings and loans company’s stock valued at $31,000 after purchasing an additional 4,745 shares during the period. 88.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Capitol Federal Financial news, Director Morris J. Huey II acquired 5,000 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of $5.70 per share, with a total value of $28,500.00. Following the purchase, the director now directly owns 271,000 shares of the company’s stock, valued at approximately $1,544,700. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Capitol Federal Financial news, Director Morris J. Huey II acquired 5,000 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of $5.70 per share, with a total value of $28,500.00. Following the purchase, the director now directly owns 271,000 shares of the company’s stock, valued at approximately $1,544,700. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Rick C. Jackson acquired 10,000 shares of the company’s stock in a transaction on Friday, March 1st. The stock was acquired at an average cost of $5.68 per share, with a total value of $56,800.00. Following the completion of the purchase, the executive vice president now directly owns 181,428 shares in the company, valued at $1,030,511.04. The disclosure for this purchase can be found here. Insiders acquired 22,389 shares of company stock valued at $127,707 in the last three months. Corporate insiders own 2.20% of the company’s stock.

Capitol Federal Financial Stock Performance

Shares of NASDAQ CFFN opened at $5.28 on Friday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.37 and a current ratio of 1.37. The company has a market cap of $706.09 million, a P/E ratio of -5.62 and a beta of 0.42. The firm’s fifty day moving average is $5.68 and its two-hundred day moving average is $5.65. Capitol Federal Financial, Inc. has a 52-week low of $4.22 and a 52-week high of $6.88.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. The company had revenue of $82.80 million for the quarter, compared to the consensus estimate of $40.45 million. Capitol Federal Financial had a negative net margin of 34.17% and a positive return on equity of 3.85%. During the same period in the previous year, the firm posted $0.12 EPS. As a group, analysts anticipate that Capitol Federal Financial, Inc. will post 0.44 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Friday, February 2nd were issued a $0.085 dividend. The ex-dividend date was Thursday, February 1st. This represents a $0.34 dividend on an annualized basis and a yield of 6.44%. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Capitol Federal Financial to a “sell” rating in a research report on Tuesday, January 23rd.

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.