Charles Schwab Investment Management Inc. Has $8.51 Million Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Charles Schwab Investment Management Inc. decreased its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 14.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,439,205 shares of the savings and loans company's stock after selling 233,890 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.08% of Capitol Federal Financial worth $8,506,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. KBC Group NV grew its position in 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 worth $54,000 after purchasing an additional 3,463 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Capitol Federal Financial by 9.0% during the third 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 buying an additional 2,731 shares in the last quarter. Intech Investment Management LLC raised its position in Capitol Federal Financial by 70.0% during the third quarter. Intech Investment Management LLC now owns 62,769 shares of the savings and loans company's stock valued at $367,000 after buying an additional 25,848 shares during the period. BNP Paribas Financial Markets lifted its stake in Capitol Federal Financial by 99.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 130,005 shares of the savings and loans company's stock worth $759,000 after acquiring an additional 64,690 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Capitol Federal Financial by 14.6% during the 3rd quarter. Captrust Financial Advisors now owns 53,897 shares of the savings and loans company's stock worth $315,000 after acquiring an additional 6,869 shares during the period. Hedge funds and other institutional investors own 88.51% of the company's stock.

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Capitol Federal Financial Stock Down 0.4 %

CFFN stock traded down $0.02 during mid-day trading on Wednesday, hitting $5.65. The stock had a trading volume of 360,825 shares, compared to its average volume of 734,509. The stock has a market capitalization of $750.24 million, a price-to-earnings ratio of 14.49 and a beta of 0.49. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The company has a fifty day moving average of $5.86 and a 200 day moving average of $6.09.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its quarterly 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%. On average, equities analysts expect that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial's payout ratio is 87.18%.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped 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.

Insider Buying and Selling

In other Capitol Federal Financial news, Director Jeffrey M. Johnson bought 5,000 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the purchase, the director now directly owns 102,900 shares in the company, valued at $614,313. This trade represents a 5.11 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rick C. Jackson bought 10,000 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average cost of $5.88 per share, for a total transaction of $58,800.00. Following the transaction, the executive vice president now directly owns 191,428 shares of the company's stock, valued at $1,125,596.64. This trade represents a 5.51 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.20% of the company's stock.

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.