Connor Clark & Lunn Investment Management Ltd. Buys 169,850 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 511.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 203,065 shares of the savings and loans company's stock after purchasing an additional 169,850 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.15% of Capitol Federal Financial worth $1,200,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CFFN. Smartleaf Asset Management LLC grew its holdings in Capitol Federal Financial by 131.9% in 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. bought a new stake in Capitol Federal Financial in the 4th quarter worth $53,000. KBC Group NV grew its holdings in Capitol Federal Financial by 59.8% in the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company's stock worth $54,000 after acquiring an additional 3,463 shares during the last quarter. Wealthstream Advisors Inc. bought a new stake in Capitol Federal Financial in the 4th quarter worth $63,000. Finally, Point72 DIFC Ltd bought a new stake in Capitol Federal Financial in the 3rd quarter worth $66,000. Institutional investors own 88.51% of the company's stock.

Capitol Federal Financial Trading Down 0.2 %

Shares of NASDAQ:CFFN traded down $0.01 on Friday, hitting $5.74. The company had a trading volume of 1,998,840 shares, compared to its average volume of 737,339. The firm's 50-day simple moving average is $5.85 and its two-hundred day simple moving average is $6.09. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20. 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 firm has a market capitalization of $762.19 million, a price-to-earnings ratio of 14.72 and a beta of 0.49.

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Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted 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 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.085 dividend. The ex-dividend date was Friday, February 7th. This represents a $0.34 annualized dividend and a dividend yield of 5.92%. Capitol Federal Financial's dividend payout ratio is 87.18%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut their price target on shares of 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 Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 5,000 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average cost of $5.97 per share, with a total value of $29,850.00. Following the transaction, the director now directly owns 102,900 shares in the company, valued at approximately $614,313. The trade was a 5.11 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Rick C. Jackson purchased 10,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average cost of $5.88 per share, with a total value of $58,800.00. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by corporate insiders.

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.