Invesco Ltd. Has $9.45 Million Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Invesco Ltd. grew its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 118.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,599,047 shares of the savings and loans company's stock after buying an additional 867,870 shares during the quarter. Invesco Ltd. owned approximately 1.20% of Capitol Federal Financial worth $9,450,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CFFN. Arrowstreet Capital Limited Partnership raised its position in shares of Capitol Federal Financial by 28.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company's stock valued at $10,376,000 after purchasing an additional 387,045 shares during the period. JPMorgan Chase & Co. boosted its holdings in Capitol Federal Financial by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company's stock valued at $6,149,000 after purchasing an additional 362,291 shares during the period. Foundry Partners LLC acquired a new stake in Capitol Federal Financial in the 4th quarter worth $2,026,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Capitol Federal Financial by 511.4% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 203,065 shares of the savings and loans company's stock worth $1,200,000 after purchasing an additional 169,850 shares during the period. Finally, Barclays PLC raised its position in shares of Capitol Federal Financial by 71.3% during the third quarter. Barclays PLC now owns 271,769 shares of the savings and loans company's stock valued at $1,587,000 after buying an additional 113,106 shares during the last quarter. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler reduced their target price 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.

Insider Activity

In related news, Director Jeffrey M. Johnson acquired 20,000 shares of the company's stock in a transaction on Friday, April 25th. The stock was purchased at an average cost of $5.56 per share, with a total value of $111,200.00. Following the acquisition, the director now directly owns 132,900 shares of the company's stock, valued at approximately $738,924. The trade was a 17.71 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rick C. Jackson acquired 10,000 shares of the company's stock in a transaction on Monday, February 24th. The stock was bought at an average cost of $5.88 per share, with a total value of $58,800.00. Following the completion of the acquisition, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. This represents a 5.51 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 60,000 shares of company stock valued at $341,050 over the last three months. Insiders own 3.20% of the company's stock.

Capitol Federal Financial Price Performance

CFFN traded down $0.06 during midday trading on Tuesday, reaching $5.67. 45,104 shares of the company's stock were exchanged, compared to its average volume of 783,470. The firm has a market capitalization of $752.23 million, a price-to-earnings ratio of 14.47 and a beta of 0.52. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a one year low of $4.76 and a one year high of $7.20. The business has a 50-day simple moving average of $5.59 and a two-hundred day simple moving average of $6.02.

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

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 2nd will be given a $0.085 dividend. The ex-dividend date is Friday, May 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.00%. Capitol Federal Financial's payout ratio is 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.