Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Sold by Millennium Management LLC

Millennium Management LLC lowered its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 965,952 shares of the savings and loans company's stock after selling 154,494 shares during the period. Millennium Management LLC owned about 0.73% of Capitol Federal Financial worth $5,709,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in CFFN. Smartleaf Asset Management LLC increased its position in Capitol Federal Financial by 131.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company's stock valued at $43,000 after purchasing an additional 4,093 shares during the period. O Shaughnessy Asset Management LLC bought a new position in Capitol Federal Financial in the fourth quarter worth approximately $60,000. Wealthstream Advisors Inc. bought a new position in Capitol Federal Financial in the fourth quarter worth approximately $63,000. Cibc World Markets Corp purchased a new position in shares of Capitol Federal Financial in the 4th quarter valued at $69,000. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Capitol Federal Financial in the 4th quarter valued at $74,000. 88.51% of the stock is currently owned by institutional investors.

Insider Activity at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson purchased 10,000 shares of the business's stock in a transaction on Friday, March 28th. The shares were acquired at an average price of $5.63 per share, for a total transaction of $56,300.00. Following the purchase, the director now owns 112,900 shares of the company's stock, valued at $635,627. This trade represents a 9.72% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James G. Morris acquired 15,000 shares of the company's stock in a transaction dated Wednesday, March 26th. The shares were bought at an average cost of $5.66 per share, for a total transaction of $84,900.00. Following the completion of the acquisition, the director now directly owns 100,995 shares of the company's stock, valued at approximately $571,631.70. The trade was a 17.44% increase in their ownership of the stock. 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.

Wall Street Analysts Forecast Growth

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

Capitol Federal Financial Stock Down 0.2%

CFFN traded down $0.01 during trading on Friday, hitting $5.71. The stock had a trading volume of 1,190,123 shares, compared to its average volume of 814,341. The stock has a 50 day simple moving average of $5.55 and a two-hundred day simple moving average of $5.91. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. Capitol Federal Financial, Inc. has a twelve month low of $4.90 and a twelve month high of $7.20. The company has a market capitalization of $758.29 million, a PE ratio of 14.64 and a beta of 0.53.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. The firm had revenue of $48.79 million for the quarter, compared to the consensus estimate of $47.81 million. On average, research 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 disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders 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 annualized dividend and a dividend yield of 5.95%. Capitol Federal Financial's dividend payout ratio (DPR) is currently 85.00%.

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.