Savant Capital LLC reduced its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 27.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,561 shares of the savings and loans company’s stock after selling 12,462 shares during the period. Savant Capital LLC’s holdings in Capitol Federal Financial were worth $198,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Capitol Federal Financial by 9.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company’s stock worth $194,000 after acquiring an additional 2,731 shares in the last quarter. KBC Group NV increased 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 in the last quarter. Stifel Financial Corp increased its holdings in Capitol Federal Financial by 9.4% in the 3rd quarter. Stifel Financial Corp now owns 66,067 shares of the savings and loans company’s stock worth $386,000 after acquiring an additional 5,673 shares in the last quarter. Captrust Financial Advisors increased its holdings in Capitol Federal Financial by 14.6% in the 3rd quarter. Captrust Financial Advisors now owns 53,897 shares of the savings and loans company’s stock worth $315,000 after acquiring an additional 6,869 shares in the last quarter. Finally, Endeavor Private Wealth Inc. purchased a new stake in Capitol Federal Financial in the 4th quarter worth approximately $53,000. 88.51% of the stock is currently owned by institutional investors.
Capitol Federal Financial Trading Down 1.1 %
Capitol Federal Financial stock opened at $6.05 on Thursday. The stock has a market cap of $803.38 million, a P/E ratio of 15.51 and a beta of 0.50. 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 1 year low of $4.76 and a 1 year high of $7.20. The firm’s 50 day moving average price is $5.95 and its 200-day moving average price is $6.09.
Capitol Federal Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 5.62%. The ex-dividend date of this dividend is Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is presently 87.18%.
Analyst Ratings Changes
Separately, Piper Sandler reduced their target price on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating for the company in a report on Thursday, January 30th.
View Our Latest Report on CFFN
Insider Buying and Selling
In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 5,000 shares of Capitol Federal Financial stock in a transaction that occurred on Friday, January 31st. The shares were bought at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the transaction, the director now owns 102,900 shares of the company’s stock, valued at approximately $614,313. This trade represents a 5.11 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James G. Morris purchased 15,000 shares of Capitol Federal Financial stock in a transaction that occurred on Monday, December 2nd. The stock was acquired at an average price of $6.84 per share, for a total transaction of $102,600.00. Following the transaction, the director now directly owns 85,995 shares of the company’s stock, valued at $588,205.80. The trade was a 21.13 % increase in their position. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by company insiders.
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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