11,610 Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Bought by Cibc World Markets Corp

Cibc World Markets Corp bought a new position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,610 shares of the savings and loans company’s stock, valued at approximately $69,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Azora Capital LP lifted its holdings in shares of Capitol Federal Financial by 7.9% in the third quarter. Azora Capital LP now owns 1,465,821 shares of the savings and loans company’s stock valued at $8,560,000 after purchasing an additional 107,826 shares in the last quarter. JPMorgan Chase & Co. raised its position in Capitol Federal Financial by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock valued at $6,149,000 after buying an additional 362,291 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Capitol Federal Financial by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company’s stock valued at $3,501,000 after acquiring an additional 16,529 shares in the last quarter. Barclays PLC boosted its position in Capitol Federal Financial by 71.3% during the 3rd quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock worth $1,587,000 after acquiring an additional 113,106 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Capitol Federal Financial by 511.4% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 203,065 shares of the savings and loans company’s stock worth $1,200,000 after acquiring an additional 169,850 shares in the last quarter. Institutional investors own 88.51% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler cut their price objective on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, January 30th.

Capitol Federal Financial Stock Performance

CFFN opened at $5.75 on Friday. The business’s 50-day simple moving average is $5.86 and its 200 day simple moving average is $6.08. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market capitalization of $763.52 million, a PE ratio of 14.74 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. As a group, sell-side analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is currently 87.18%.

Insider Activity

In other Capitol Federal Financial news, Director James G. Morris purchased 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The shares were acquired at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the purchase, the director now owns 100,995 shares in the company, valued at approximately $571,631.70. The trade was a 17.44 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jeffrey M. Johnson acquired 5,000 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was bought at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the acquisition, the director now owns 102,900 shares of the company’s stock, valued at approximately $614,313. The trade was a 5.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 30,000 shares of company stock valued at $173,550 in the last quarter. Company insiders own 3.20% of the company’s stock.

About Capitol Federal Financial

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.