Vanguard Group Inc. Lowers Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Vanguard Group Inc. lowered its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,811,746 shares of the savings and loans company's stock after selling 437,640 shares during the period. Vanguard Group Inc. owned approximately 9.65% of Capitol Federal Financial worth $75,717,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in shares of Capitol Federal Financial by 131.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company's stock valued at $43,000 after buying an additional 4,093 shares during the last quarter. Endeavor Private Wealth Inc. purchased a new stake in Capitol Federal Financial in the fourth quarter worth approximately $53,000. Wealthstream Advisors Inc. purchased a new stake in Capitol Federal Financial during the 4th quarter valued at $63,000. EP Wealth Advisors LLC bought a new position in shares of Capitol Federal Financial during the 3rd quarter valued at $66,000. Finally, Cibc World Markets Corp bought a new stake in shares of Capitol Federal Financial in the fourth quarter worth $69,000. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their price target 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 Buying and Selling

In other news, Director James G. Morris purchased 15,000 shares of the business's stock in a transaction that occurred on 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 acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction, the director now directly owns 112,900 shares of the company's stock, valued at approximately $635,627. This trade represents a 9.72 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 40,000 shares of company stock worth $229,850 over the last three months. 3.20% of the stock is owned by insiders.

Capitol Federal Financial Stock Performance

Capitol Federal Financial stock traded down $0.01 during trading on Wednesday, reaching $5.20. The company had a trading volume of 48,400 shares, compared to its average volume of 788,791. 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 firm's 50-day simple moving average is $5.71 and its 200 day simple moving average is $6.03. The firm has a market capitalization of $689.82 million, a price-to-earnings ratio of 13.35 and a beta of 0.52. Capitol Federal Financial, Inc. has a 52 week low of $4.76 and a 52 week high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. 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%. Sell-side analysts forecast that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.34 annualized dividend and a yield of 6.54%. Capitol Federal Financial's payout ratio is presently 87.18%.

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.