Northern Trust Corp Buys 154,232 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Northern Trust Corp raised its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 11.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,444,961 shares of the savings and loans company's stock after purchasing an additional 154,232 shares during the quarter. Northern Trust Corp owned about 1.09% of Capitol Federal Financial worth $8,540,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in shares of Capitol Federal Financial in the 4th quarter valued at approximately $116,000. Sei Investments Co. boosted its holdings in Capitol Federal Financial by 66.3% during the fourth quarter. Sei Investments Co. now owns 168,756 shares of the savings and loans company's stock worth $997,000 after buying an additional 67,276 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Capitol Federal Financial by 118.7% in the fourth quarter. Invesco Ltd. now owns 1,599,047 shares of the savings and loans company's stock valued at $9,450,000 after purchasing an additional 867,870 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Capitol Federal Financial by 511.4% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 203,065 shares of the savings and loans company's stock valued at $1,200,000 after purchasing an additional 169,850 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of Capitol Federal Financial in the fourth quarter valued at approximately $138,000. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson purchased 20,000 shares of the business's stock in a transaction on Friday, April 25th. The shares were purchased at an average price of $5.56 per share, with a total value of $111,200.00. Following the completion of the purchase, the director now owns 132,900 shares in the company, valued at $738,924. This represents a 17.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Rick C. Jackson acquired 10,000 shares of the stock in a transaction dated Monday, February 24th. The stock was acquired at an average price of $5.88 per share, for a total transaction of $58,800.00. Following the completion of the acquisition, the executive vice president now directly owns 191,428 shares of the company's stock, valued at $1,125,596.64. The trade was a 5.51% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 70,000 shares of company stock worth $396,550 in the last ninety days. 3.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, Piper Sandler decreased their price objective on shares of 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.

Capitol Federal Financial Stock Performance

Shares of CFFN stock traded down $0.03 during trading hours on Friday, reaching $5.60. The stock had a trading volume of 650,311 shares, compared to its average volume of 813,145. The firm has a market capitalization of $743.69 million, a PE ratio of 14.36 and a beta of 0.53. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a 50-day simple moving average of $5.56 and a 200-day simple moving average of $5.94. Capitol Federal Financial, Inc. has a twelve month low of $4.90 and a twelve month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released 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. The business had revenue of $48.79 million for the quarter, compared to the consensus estimate of $47.81 million. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. As a group, equities analysts forecast that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 6.07%. The ex-dividend date was Friday, May 2nd. Capitol Federal Financial's payout ratio is currently 85.00%.

About Capitol Federal Financial

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.