American Century Companies Inc. Trims Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

American Century Companies Inc. lessened its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,240,949 shares of the savings and loans company's stock after selling 250,563 shares during the quarter. American Century Companies Inc. owned approximately 2.44% of Capitol Federal Financial worth $19,154,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its stake 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 acquiring an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in shares of Capitol Federal Financial in the fourth quarter valued at about $53,000. Wealthstream Advisors Inc. bought a new position in shares of Capitol Federal Financial during the fourth quarter valued at about $63,000. EP Wealth Advisors LLC purchased a new position in Capitol Federal Financial during the third quarter worth about $66,000. Finally, Point72 DIFC Ltd bought a new stake in Capitol Federal Financial in the 3rd quarter worth about $66,000. Hedge funds and other institutional investors own 88.51% of the company's stock.

Capitol Federal Financial Stock Performance

NASDAQ:CFFN traded down $0.29 during trading on Thursday, reaching $5.35. The company's stock had a trading volume of 1,001,170 shares, compared to its average volume of 779,627. 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 $710.41 million, a price-to-earnings ratio of 13.72 and a beta of 0.49. The firm has a 50 day moving average of $5.85 and a 200-day moving average of $6.08. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30.

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Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, beating 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%. Research analysts expect that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid 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 dividend yield of 6.36%. Capitol Federal Financial's payout ratio is currently 87.18%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped their target price on shares of 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.

Insider Buying and Selling

In other news, Director James G. Morris purchased 15,000 shares of the company's stock in a transaction dated Wednesday, March 26th. The shares were purchased at an average price of $5.66 per share, with a total value of $84,900.00. Following the transaction, the director now directly owns 100,995 shares of the company's stock, valued at approximately $571,631.70. This represents a 17.44 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rick C. Jackson acquired 10,000 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $5.88 per share, with a total value 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. The trade was a 5.51 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 40,000 shares of company stock valued at $229,850. 3.20% of the stock is owned by company insiders.

Capitol Federal Financial 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.