State of Tennessee Department of Treasury Buys 45,489 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

State of Tennessee Department of Treasury increased its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 140.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 77,989 shares of the savings and loans company's stock after buying an additional 45,489 shares during the quarter. State of Tennessee Department of Treasury owned 0.06% of Capitol Federal Financial worth $461,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Smartleaf Asset Management LLC increased its stake in shares of Capitol Federal Financial by 131.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company's stock valued at $43,000 after buying an additional 4,093 shares during the period. Endeavor Private Wealth Inc. acquired a new position in shares of Capitol Federal Financial during the fourth quarter worth $53,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Capitol Federal Financial in the fourth quarter worth $60,000. Wealthstream Advisors Inc. acquired a new stake in Capitol Federal Financial in the fourth quarter valued at $63,000. Finally, Cibc World Markets Corp bought a new position in Capitol Federal Financial during the 4th quarter worth $69,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Piper Sandler lowered 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 Down 1.9 %

Shares of CFFN stock traded down $0.11 on Tuesday, hitting $5.63. The stock had a trading volume of 1,656,779 shares, compared to its average volume of 784,593. Capitol Federal Financial, Inc. has a 12-month low of $4.90 and a 12-month high of $7.20. The stock has a market cap of $747.59 million, a price-to-earnings ratio of 14.44 and a beta of 0.53. The business has a 50 day moving average of $5.57 and a 200 day moving average of $6.01. 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 (NASDAQ:CFFN - Get Free Report) last released 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. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. The firm had revenue of $48.79 million for the quarter, compared to analysts' expectations of $47.81 million. As a group, analysts expect that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

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

Insider Buying and Selling

In other news, Director Jeffrey M. Johnson bought 20,000 shares of the stock in a transaction on Friday, April 25th. The shares were acquired at an average cost of $5.56 per share, for a total transaction of $111,200.00. Following the purchase, the director now directly owns 132,900 shares of the company's stock, valued at $738,924. This trade represents a 17.71 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rick C. Jackson purchased 10,000 shares of Capitol Federal Financial stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of $5.88 per share, with a total value of $58,800.00. Following the completion of the transaction, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. This represents a 5.51 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 55,000 shares of company stock valued at $311,200. Corporate insiders own 3.20% of the company's stock.

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.