Focus Partners Advisor Solutions LLC Takes $348,000 Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Focus Partners Advisor Solutions LLC acquired a new position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 58,948 shares of the savings and loans company's stock, valued at approximately $348,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Legacy Financial Strategies LLC acquired a new position in Capitol Federal Financial during the 4th quarter worth approximately $250,000. Principal Financial Group Inc. increased its position in shares of Capitol Federal Financial by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company's stock worth $3,501,000 after acquiring an additional 16,529 shares in the last quarter. Ieq Capital LLC raised its position in Capitol Federal Financial by 53.7% in the 4th quarter. Ieq Capital LLC now owns 165,677 shares of the savings and loans company's stock valued at $979,000 after buying an additional 57,887 shares during the last quarter. Wealthstream Advisors Inc. bought a new position in shares of Capitol Federal Financial during the 4th quarter worth approximately $63,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of Capitol Federal Financial in the 4th quarter worth about $138,000. 88.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped their price objective on Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating for the company in a research note on Thursday, January 30th.

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director James G. Morris bought 15,000 shares of the company's stock in a transaction on Wednesday, March 26th. The shares were bought at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the transaction, the director now owns 100,995 shares of the company's stock, valued at approximately $571,631.70. This trade represents a 17.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeffrey M. Johnson bought 10,000 shares of the company's stock in a transaction on Friday, March 28th. The shares were acquired at an average price of $5.63 per share, with a total value of $56,300.00. Following the completion of the acquisition, the director now directly owns 112,900 shares in the company, valued at $635,627. This represents a 9.72% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 60,000 shares of company stock valued at $337,750 in the last three months. 3.20% of the stock is owned by insiders.

Capitol Federal Financial Stock Down 0.7%

NASDAQ:CFFN traded down $0.04 during trading hours on Wednesday, reaching $5.71. 742,973 shares of the company traded hands, compared to its average volume of 813,421. The stock has a market capitalization of $758.29 million, a P/E ratio of 14.64 and a beta of 0.53. Capitol Federal Financial, Inc. has a 1 year low of $4.90 and a 1 year high of $7.20. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.11. The business's 50-day moving average price is $5.56 and its two-hundred day moving average price is $5.92.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The business had revenue of $48.79 million during the quarter, compared to analyst estimates of $47.81 million. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. Analysts predict that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $0.34 dividend on an annualized basis and a yield of 5.95%. Capitol Federal Financial's dividend payout ratio is currently 85.00%.

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.