Sei Investments Co. grew its stake in shares of Capitol Federal Financial (NASDAQ:CFFN - Free Report) by 203.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 447,415 shares of the savings and loans company's stock after buying an additional 300,087 shares during the quarter. Sei Investments Co. owned about 0.35% of Capitol Federal Financial worth $3,190,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the stock. Osaic Holdings Inc. grew its holdings in Capitol Federal Financial by 474.6% during the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company's stock worth $35,000 after acquiring an additional 4,760 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Capitol Federal Financial by 180.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company's stock valued at $52,000 after acquiring an additional 5,470 shares during the last quarter. Strs Ohio acquired a new stake in Capitol Federal Financial in the 1st quarter valued at about $59,000. Qube Research & Technologies Ltd bought a new position in shares of Capitol Federal Financial during the 2nd quarter valued at about $64,000. Finally, Tudor Investment Corp ET AL bought a new position in shares of Capitol Federal Financial during the 3rd quarter valued at about $70,000. 88.51% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CFFN has been the subject of a number of research reports. Weiss Ratings upgraded shares of Capitol Federal Financial from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, May 11th. Benchmark initiated coverage on Capitol Federal Financial in a research note on Wednesday, July 8th. They set a "buy" rating and a $10.00 price objective for the company. New Street Research set a $10.00 target price on Capitol Federal Financial in a report on Thursday, July 9th. Finally, Piper Sandler lifted their target price on Capitol Federal Financial from $8.50 to $9.50 and gave the stock a "neutral" rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $9.25.
Get Our Latest Report on Capitol Federal Financial
Capitol Federal Financial Stock Performance
Shares of NASDAQ CFFN opened at $8.88 on Friday. The business's 50-day moving average price is $8.42 and its two-hundred day moving average price is $7.76. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.20 and a quick ratio of 1.21. Capitol Federal Financial has a one year low of $5.75 and a one year high of $9.26. The company has a market capitalization of $1.13 billion, a P/E ratio of 13.66 and a beta of 0.68.
Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The savings and loans company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The company had revenue of $60.15 million during the quarter, compared to the consensus estimate of $58.65 million. Capitol Federal Financial had a return on equity of 8.01% and a net margin of 18.69%.
Capitol Federal Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.085 per share. The ex-dividend date is Friday, August 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.8%. Capitol Federal Financial's dividend payout ratio (DPR) is currently 52.31%.
Capitol Federal Financial Profile
(
Free Report)
Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.
Established in 1893, Capitol Federal has grown into one of the nation's largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.
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