Endeavor Private Wealth Inc. Acquires 200,917 Shares of Capitol Federal Financial $CFFN

Key Points

• Endeavor Private Wealth increased its Capitol Federal Financial stake by 1,048.1%, adding 200,917 shares to own 220,087 shares valued at approximately $1.87 million. Institutional investors collectively own 88.51% of the company.
• Capitol Federal Financial beat quarterly earnings expectations, reporting $0.19 EPS versus the $0.17 consensus and revenue of $60.15 million versus $58.65 million expected.
• The company pays a quarterly dividend of $0.085 per share, equal to an annualized $0.34 dividend and a 3.8% yield. Analysts have a “Moderate Buy” consensus rating and an average price target of $9.25.

Endeavor Private Wealth Inc. increased its holdings in Capitol Federal Financial (NASDAQ:CFFN - Free Report) by 1,048.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,087 shares of the savings and loans company's stock after buying an additional 200,917 shares during the period. Endeavor Private Wealth Inc. owned 0.18% of Capitol Federal Financial worth $1,873,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new position in Capitol Federal Financial during the 2nd quarter worth $25,000. Allworth Financial LP acquired a new stake in shares of Capitol Federal Financial during the 2nd quarter worth $37,000. Osaic Holdings Inc. grew its holdings in shares of Capitol Federal Financial by 474.6% during the 2nd quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company's stock worth $35,000 after purchasing an additional 4,760 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Capitol Federal Financial by 180.5% in the second quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company's stock worth $52,000 after purchasing an additional 5,470 shares during the period. Finally, OneDigital Investment Advisors LLC bought a new position in shares of Capitol Federal Financial in the second quarter worth $89,000. 88.51% of the stock is currently owned by institutional investors.

Capitol Federal Financial Stock Performance

NASDAQ:CFFN opened at $8.87 on Friday. The stock's 50-day simple moving average is $8.66 and its 200 day simple moving average is $7.96. The firm has a market capitalization of $1.11 billion, a PE ratio of 13.65 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 has a twelve month low of $5.97 and a twelve month high of $9.26.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its earnings results on Wednesday, July 29th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.02. The firm had revenue of $60.15 million for the quarter, compared to analysts' expectations 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 7th were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Friday, August 7th. Capitol Federal Financial's dividend payout ratio is currently 52.31%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Benchmark started coverage on shares of Capitol Federal Financial in a research report 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 shares of Capitol Federal Financial in a report on Thursday, July 9th. Piper Sandler boosted their target price on shares of Capitol Federal Financial from $8.50 to $9.50 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Capitol Federal Financial in a report on Friday, August 7th. One 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $9.25.

Capitol Federal Financial Company 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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