Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Acquires $56,300.00 in Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN - Get Free Report) Director Jeffrey M. Johnson purchased 10,000 shares of the company's stock in a transaction that occurred on Friday, March 28th. The shares were purchased at an average price of $5.63 per share, for a total transaction of $56,300.00. Following the transaction, the director now owns 112,900 shares of the company's stock, valued at $635,627. This trade represents a 9.72 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Capitol Federal Financial Price Performance

NASDAQ:CFFN traded up $0.03 during trading hours on Tuesday, reaching $5.63. 650,392 shares of the company were exchanged, compared to its average volume of 779,832. 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 has a market cap of $747.59 million, a PE ratio of 14.44 and a beta of 0.49. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The stock's 50-day moving average is $5.85 and its 200-day moving average is $6.09.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share 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%. On average, sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 6.04%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial's payout ratio is 87.18%.

Analyst Ratings Changes

Separately, Piper Sandler lowered their price target on 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.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CFFN. Smartleaf Asset Management LLC grew its holdings 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 worth $43,000 after buying an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in Capitol Federal Financial during the 4th quarter valued at about $53,000. O Shaughnessy Asset Management LLC acquired a new stake in Capitol Federal Financial in the 4th quarter valued at about $60,000. Wealthstream Advisors Inc. purchased a new position in Capitol Federal Financial in the 4th quarter worth approximately $63,000. Finally, EP Wealth Advisors LLC purchased a new position in Capitol Federal Financial in the 3rd quarter worth approximately $66,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Capitol Federal Financial Company 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.