Sei Investments Co. Increases Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Sei Investments Co. increased its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 66.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 168,756 shares of the savings and loans company’s stock after acquiring an additional 67,276 shares during the period. Sei Investments Co.’s holdings in Capitol Federal Financial were worth $997,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in shares of Capitol Federal Financial during the 4th quarter worth approximately $116,000. Semanteon Capital Management LP acquired a new position in Capitol Federal Financial during the fourth quarter worth $537,000. Teacher Retirement System of Texas purchased a new stake in Capitol Federal Financial during the fourth quarter worth $99,000. Thrivent Financial for Lutherans grew its holdings in Capitol Federal Financial by 10.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 241,693 shares of the savings and loans company’s stock valued at $1,429,000 after purchasing an additional 22,648 shares during the last quarter. Finally, Cibc World Markets Corp acquired a new stake in Capitol Federal Financial in the fourth quarter valued at $69,000. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director James G. Morris purchased 15,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were bought at an average cost of $5.66 per share, with a total value of $84,900.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey M. Johnson acquired 5,000 shares of the business’s stock in a transaction dated Friday, January 31st. The stock was purchased at an average cost of $5.97 per share, with a total value of $29,850.00. Following the transaction, 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. In the last quarter, insiders purchased 40,000 shares of company stock worth $229,850. 3.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Piper Sandler decreased 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 Price Performance

CFFN stock opened at $5.25 on Tuesday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. The company’s 50 day simple moving average is $5.83 and its 200-day simple moving average is $6.07. 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 $697.13 million, a PE ratio of 13.46 and a beta of 0.52.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, beating 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%. Equities 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 business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial’s payout ratio is currently 87.18%.

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.