Tower Research Capital LLC TRC Has $89,000 Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Tower Research Capital LLC TRC lessened its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 59.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,076 shares of the savings and loans company’s stock after selling 22,309 shares during the period. Tower Research Capital LLC TRC’s holdings in Capitol Federal Financial were worth $89,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CFFN. Smartleaf Asset Management LLC raised its holdings in shares of Capitol Federal Financial by 131.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock worth $43,000 after buying an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new position in Capitol Federal Financial during the fourth quarter worth $53,000. O Shaughnessy Asset Management LLC bought a new position in shares of Capitol Federal Financial during the fourth quarter valued at $60,000. Wealthstream Advisors Inc. acquired a new stake in shares of Capitol Federal Financial in the 4th quarter valued at $63,000. Finally, Cibc World Markets Corp bought a new stake in shares of Capitol Federal Financial in the 4th quarter worth about $69,000. Institutional investors own 88.51% of the company’s stock.

Insider Transactions at Capitol Federal Financial

In other news, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $5.88 per share, with a total value of $58,800.00. Following the completion of the purchase, the executive vice president now directly owns 191,428 shares of the company’s stock, valued at $1,125,596.64. The trade was a 5.51 % increase in their position. 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 20,000 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was purchased at an average price of $5.56 per share, with a total value of $111,200.00. Following the completion of the transaction, the director now owns 132,900 shares of the company’s stock, valued at approximately $738,924. This trade represents a 17.71 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 70,000 shares of company stock worth $396,550. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler cut their price target 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.

Capitol Federal Financial Trading Down 1.2 %

CFFN stock opened at $5.63 on Friday. The business has a fifty day moving average price of $5.55 and a 200 day moving average price of $6.00. 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 fifty-two week low of $4.90 and a fifty-two week high of $7.20. The stock has a market capitalization of $747.59 million, a price-to-earnings ratio of 14.44 and a beta of 0.53.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The company had revenue of $48.79 million during the quarter, compared to analyst estimates of $47.81 million. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. Analysts expect that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, May 2nd will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.04%. The ex-dividend date of this dividend is Friday, May 2nd. Capitol Federal Financial’s dividend payout ratio is presently 85.00%.

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.