Kingstone Capital Partners Texas LLC Takes $48.17 Million Position in Capitol Federal Financial $CFFN

Key Points

• Kingstone Capital Partners Texas LLC has made a new investment in Capitol Federal Financial, acquiring 7,363,212 shares valued at approximately $48.17 million, controlling 5.54% of the company.
• Capitol Federal Financial reported an EPS of $0.14 for the last quarter, surpassing analysts' expectations, and has announced a quarterly dividend of $0.085 per share with a yield of 5.3%.
• The company's market capitalization stands at $852.70 million, with a price-to-earnings ratio of 13.66 and notable institutional ownership at 88.51% of shares.

Kingstone Capital Partners Texas LLC acquired a new position in Capitol Federal Financial (NASDAQ:CFFN - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,363,212 shares of the savings and loans company's stock, valued at approximately $48,165,000. Kingstone Capital Partners Texas LLC owned approximately 5.54% of Capitol Federal Financial at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of Capitol Federal Financial by 29.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 43,430 shares of the savings and loans company's stock worth $279,000 after acquiring an additional 9,994 shares during the period. Pallas Capital Advisors LLC boosted its holdings in Capitol Federal Financial by 30.2% in the 2nd quarter. Pallas Capital Advisors LLC now owns 22,573 shares of the savings and loans company's stock valued at $138,000 after purchasing an additional 5,238 shares during the period. Voya Investment Management LLC boosted its stake in Capitol Federal Financial by 223.8% during the first quarter. Voya Investment Management LLC now owns 238,067 shares of the savings and loans company's stock valued at $1,333,000 after buying an additional 164,544 shares during the period. Strs Ohio bought a new stake in shares of Capitol Federal Financial during the 1st quarter worth $59,000. Finally, Jane Street Group LLC lifted its holdings in shares of Capitol Federal Financial by 18.4% in the 1st quarter. Jane Street Group LLC now owns 209,504 shares of the savings and loans company's stock worth $1,173,000 after acquiring an additional 32,523 shares during the last quarter. 88.51% of the stock is owned by institutional investors.

Capitol Federal Financial Stock Up 1.3%

Shares of NASDAQ:CFFN traded up $0.09 during trading on Tuesday, hitting $6.47. The stock had a trading volume of 85,023 shares, compared to its average volume of 795,828. The company has a market capitalization of $858.68 million, a PE ratio of 13.76 and a beta of 0.64. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.98. Capitol Federal Financial has a 12 month low of $4.90 and a 12 month high of $7.20. The firm's fifty day moving average is $6.23 and its 200 day moving average is $5.90.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Capitol Federal Financial had a return on equity of 5.92% and a net margin of 14.87%.The business had revenue of $50.75 million during the quarter, compared to the consensus estimate of $50.51 million. Analysts anticipate that Capitol Federal Financial will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, August 1st. Capitol Federal Financial's payout ratio is presently 72.34%.

Capitol Federal Financial Company 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.