Arrowstreet Capital Limited Partnership Acquires 387,045 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Arrowstreet Capital Limited Partnership increased its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 28.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,755,620 shares of the savings and loans company's stock after purchasing an additional 387,045 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 1.32% of Capitol Federal Financial worth $10,376,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CFFN. Smartleaf Asset Management LLC lifted its position 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 worth $43,000 after acquiring an additional 4,093 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new position in Capitol Federal Financial in the fourth quarter worth about $53,000. Wealthstream Advisors Inc. acquired a new position in Capitol Federal Financial in the fourth quarter worth about $63,000. Point72 DIFC Ltd acquired a new position in Capitol Federal Financial in the third quarter worth about $66,000. Finally, EP Wealth Advisors LLC acquired a new position in Capitol Federal Financial in the third quarter worth about $66,000. 88.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Piper Sandler dropped their price target on shares of Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating for the company in a research report on Thursday, January 30th.

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Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson acquired 5,000 shares of the business's stock in a transaction that occurred on Friday, January 31st. The shares were acquired at an average cost of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the acquisition, the director now directly owns 102,900 shares of the company's stock, valued at approximately $614,313. This represents a 5.11 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James G. Morris acquired 15,000 shares of the business's stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the completion of the acquisition, the director now directly owns 100,995 shares of the company's stock, valued at $571,631.70. This trade represents a 17.44 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 40,000 shares of company stock worth $229,850 over the last ninety days. Company insiders own 3.20% of the company's stock.

Capitol Federal Financial Price Performance

Shares of CFFN traded down $0.21 during mid-day trading on Thursday, hitting $5.25. 122,946 shares of the company traded hands, compared to its average volume of 726,510. Capitol Federal Financial, Inc. has a one year low of $4.76 and a one year high of $7.20. 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 business has a 50-day moving average of $5.79 and a 200 day moving average of $6.05. The stock has a market capitalization of $697.13 million, a price-to-earnings ratio of 13.46 and a beta of 0.52.

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 EPS 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%. As a group, equities analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.085 dividend. The ex-dividend date was Friday, February 7th. This represents a $0.34 annualized dividend and a yield of 6.48%. Capitol Federal Financial's dividend payout ratio is currently 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.