Deutsche Bank AG Purchases Shares of 120,457 Capitol Federal Financial $CFFN

Deutsche Bank AG acquired a new position in shares of Capitol Federal Financial (NASDAQ:CFFN - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 120,457 shares of the savings and loans company's stock, valued at approximately $1,025,000. Deutsche Bank AG owned about 0.10% of Capitol Federal Financial as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its stake in Capitol Federal Financial by 474.6% in the 2nd quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company's stock worth $35,000 after buying an additional 4,760 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Capitol Federal Financial by 180.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company's stock worth $52,000 after acquiring an additional 5,470 shares during the period. OneDigital Investment Advisors LLC purchased a new position in shares of Capitol Federal Financial during the 2nd quarter worth about $89,000. Sanctuary Advisors LLC acquired a new stake in shares of Capitol Federal Financial in the fourth quarter worth approximately $71,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Capitol Federal Financial in the second quarter worth approximately $64,000. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. New Street Research set a $10.00 price target on shares of Capitol Federal Financial in a research report on Thursday, July 9th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Capitol Federal Financial in a report on Friday, August 7th. Benchmark assumed coverage on shares of 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. Finally, Piper Sandler upped their price objective on Capitol Federal Financial from $8.50 to $9.50 and gave the stock a "neutral" rating in a report on Monday, August 3rd. 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 data from MarketBeat.com, Capitol Federal Financial has an average rating of "Moderate Buy" and an average price target of $9.25.

Capitol Federal Financial Price Performance

Capitol Federal Financial stock opened at $8.66 on Monday. Capitol Federal Financial has a 52-week low of $5.97 and a 52-week high of $9.26. The firm has a fifty day moving average of $8.63 and a 200-day moving average of $7.92. The firm has a market capitalization of $1.09 billion, a P/E ratio of 13.32 and a beta of 0.68. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.60.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its earnings results on Wednesday, July 29th. The savings and loans company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. Capitol Federal Financial had a net margin of 18.69% and a return on equity of 8.01%. The business had revenue of $60.15 million for the quarter, compared to analyst estimates of $58.65 million.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were given a $0.085 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.34 annualized dividend and a dividend yield of 3.9%. Capitol Federal Financial's dividend payout ratio is presently 52.31%.

Capitol Federal Financial Profile

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.

Want to see what other hedge funds are holding CFFN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capitol Federal Financial (NASDAQ:CFFN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source