Stifel Financial Corp Sells 1,815 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Stifel Financial Corp cut its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 2.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 64,252 shares of the savings and loans company’s stock after selling 1,815 shares during the period. Stifel Financial Corp’s holdings in Capitol Federal Financial were worth $380,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of CFFN. State of Tennessee Department of Treasury lifted its holdings in Capitol Federal Financial by 140.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 77,989 shares of the savings and loans company’s stock valued at $461,000 after purchasing an additional 45,489 shares during the last quarter. MetLife Investment Management LLC lifted its stake in Capitol Federal Financial by 25.7% in the fourth quarter. MetLife Investment Management LLC now owns 75,136 shares of the savings and loans company’s stock worth $444,000 after acquiring an additional 15,370 shares during the period. Dimensional Fund Advisors LP lifted its position in Capitol Federal Financial by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,721,291 shares of the savings and loans company’s stock valued at $33,813,000 after buying an additional 47,436 shares during the period. First Trust Advisors LP raised its position in shares of Capitol Federal Financial by 21.2% in the 4th quarter. First Trust Advisors LP now owns 97,306 shares of the savings and loans company’s stock worth $575,000 after purchasing an additional 17,002 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in Capitol Federal Financial by 6.1% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 130,935 shares of the savings and loans company’s stock worth $772,000 after buying an additional 7,525 shares during the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Insider Buying and Selling at Capitol Federal Financial

In other news, EVP Rick C. Jackson purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $5.88 per share, for a total transaction of $58,800.00. Following the completion of the transaction, the executive vice president now owns 191,428 shares of the company’s stock, valued at $1,125,596.64. This trade represents a 5.51% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jeffrey M. Johnson bought 20,000 shares of the company’s stock in a transaction on Friday, April 25th. The stock was bought at an average price of $5.56 per share, with a total value of $111,200.00. Following the completion of the acquisition, the director now owns 132,900 shares in the company, valued at $738,924. This represents a 17.71% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 70,000 shares of company stock valued at $396,550. 3.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

Capitol Federal Financial Stock Up 1.0%

Shares of CFFN opened at $5.82 on Wednesday. The company has a market cap of $772.81 million, a PE ratio of 14.92 and a beta of 0.53. The business has a fifty day moving average of $5.55 and a 200 day moving average of $5.98. Capitol Federal Financial, Inc. has a 52-week low of $4.90 and a 52-week high of $7.20. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11.

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

Capitol Federal Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, May 2nd will be issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.84%. The ex-dividend date of this dividend is Friday, May 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is 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.