New York State Teachers Retirement System Cuts Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

New York State Teachers Retirement System lessened its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 25,344 shares of the savings and loans company’s stock after selling 2,200 shares during the period. New York State Teachers Retirement System’s holdings in Capitol Federal Financial were worth $150,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in CFFN. Endeavor Private Wealth Inc. acquired a new stake in Capitol Federal Financial in the fourth quarter valued at about $53,000. KBC Group NV raised its stake in shares of Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after buying an additional 3,463 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Capitol Federal Financial during the 3rd quarter worth approximately $66,000. EP Wealth Advisors LLC acquired a new stake in shares of Capitol Federal Financial in the 3rd quarter valued at approximately $66,000. Finally, Quantinno Capital Management LP purchased a new stake in shares of Capitol Federal Financial in the third quarter valued at approximately $76,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Wall Street Analyst Weigh In

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 Stock Performance

Capitol Federal Financial stock opened at $5.81 on Tuesday. The company has a market cap of $771.49 million, a price-to-earnings ratio of 14.90 and a beta of 0.50. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20. 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 stock’s 50-day moving average is $5.91 and its 200-day moving average is $6.10.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, January 29th. 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 net margin of 12.67% and a return on equity of 4.96%. Equities analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.085 per share. The ex-dividend date was Friday, February 7th. This represents a $0.34 annualized dividend and a dividend yield of 5.85%. Capitol Federal Financial’s payout ratio is 87.18%.

Insider Buying and Selling

In related 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 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 position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James G. Morris purchased 15,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was bought at an average price of $6.84 per share, with a total value of $102,600.00. Following the acquisition, the director now owns 85,995 shares in the company, valued at $588,205.80. This trade represents a 21.13 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.20% of the stock is owned by corporate 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.