By otakuyassine3@gmail.com 
Smartleaf Asset Management LLC boosted its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 131.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,197 shares of the savings and loans company’s stock after acquiring an additional 4,093 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Capitol Federal Financial were worth $43,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Capitol Federal Financial during the 3rd quarter worth about $152,000. GSA Capital Partners LLP raised its holdings in shares of Capitol Federal Financial by 254.7% during the 3rd quarter. GSA Capital Partners LLP now owns 155,071 shares of the savings and loans company’s stock valued at $906,000 after purchasing an additional 111,356 shares in the last quarter. KBC Group NV raised its holdings in shares of Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock valued at $54,000 after purchasing an additional 3,463 shares in the last quarter. LMR Partners LLP bought a new position in shares of Capitol Federal Financial during the 3rd quarter valued at $124,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Capitol Federal Financial by 9.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company’s stock valued at $194,000 after purchasing an additional 2,731 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.
Insider Transactions at Capitol Federal Financial
In related news, EVP Rick C. Jackson acquired 10,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were bought at an average price of $5.88 per share, for a total transaction of $58,800.00. Following the acquisition, the executive vice president now owns 191,428 shares in the company, valued at $1,125,596.64. This trade represents a 5.51 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey M. Johnson bought 5,000 shares of Capitol Federal Financial stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average price of $5.97 per share, with a total value of $29,850.00. Following the purchase, the director now owns 102,900 shares of the company’s stock, valued at $614,313. This trade represents a 5.11 % increase in their position. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Separately, Piper Sandler cut their target price on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, January 30th.
Check Out Our Latest Stock Report on CFFN
Capitol Federal Financial Trading Down 1.1 %
NASDAQ:CFFN opened at $5.56 on Wednesday. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20. The firm has a market cap of $738.29 million, a price-to-earnings ratio of 14.26 and a beta of 0.49. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The company’s 50 day moving average is $5.87 and its 200-day moving average is $6.11.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last announced its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. Equities analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.
Capitol Federal Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.085 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.12%. 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.
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