Dimensional Fund Advisors LP Purchases 263,238 Shares of Capitol Federal Financial $CFFN

Dimensional Fund Advisors LP raised its position in shares of Capitol Federal Financial (NASDAQ:CFFN - Free Report) by 4.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,790,130 shares of the savings and loans company's stock after acquiring an additional 263,238 shares during the period. Dimensional Fund Advisors LP owned approximately 5.23% of Capitol Federal Financial worth $48,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of CFFN. Vanguard Group Inc. increased its position in Capitol Federal Financial by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company's stock worth $86,424,000 after purchasing an additional 442,592 shares during the last quarter. AQR Capital Management LLC lifted its position in Capitol Federal Financial by 13.2% during the fourth quarter. AQR Capital Management LLC now owns 3,840,400 shares of the savings and loans company's stock valued at $26,153,000 after purchasing an additional 447,342 shares during the last quarter. Invesco Ltd. lifted its position in Capitol Federal Financial by 4.8% during the third quarter. Invesco Ltd. now owns 2,421,712 shares of the savings and loans company's stock valued at $15,378,000 after purchasing an additional 110,022 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Capitol Federal Financial by 10.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,794,891 shares of the savings and loans company's stock valued at $12,223,000 after purchasing an additional 172,156 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of Capitol Federal Financial by 384.4% in the 3rd quarter. Millennium Management LLC now owns 1,122,725 shares of the savings and loans company's stock worth $7,129,000 after buying an additional 890,959 shares in the last quarter. 88.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CFFN has been the topic of a number of research reports. Benchmark started coverage on shares of Capitol Federal Financial in a report on Wednesday, July 8th. They issued a "buy" rating and a $10.00 target price on the stock. New Street Research set a $10.00 price target on shares of Capitol Federal Financial in a report on Thursday, July 9th. Piper Sandler lifted their price target on Capitol Federal Financial from $8.00 to $8.50 and gave the stock a "neutral" rating in a research report on Monday, May 4th. Finally, Weiss Ratings upgraded Capitol Federal Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Capitol Federal Financial currently has a consensus rating of "Moderate Buy" and an average target price of $9.00.

Capitol Federal Financial Stock Performance

NASDAQ:CFFN opened at $8.84 on Monday. The firm has a market capitalization of $1.12 billion, a PE ratio of 13.60 and a beta of 0.68. The stock's fifty day moving average is $8.29 and its 200 day moving average is $7.69. Capitol Federal Financial has a fifty-two week low of $5.71 and a fifty-two week high of $9.10. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.21 and a current ratio of 1.20.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The savings and loans company reported $0.19 EPS for the quarter, topping 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 company had revenue of $60.15 million during the quarter, compared to analyst estimates of $58.65 million.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, August 7th. Capitol Federal Financial's dividend payout ratio (DPR) is 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.

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