Empowered Funds LLC Sells 245,294 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Empowered Funds LLC decreased its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 62.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,314 shares of the savings and loans company's stock after selling 245,294 shares during the quarter. Empowered Funds LLC owned 0.11% of Capitol Federal Financial worth $849,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CFFN. IFS Advisors LLC lifted its position in Capitol Federal Financial by 1,865.5% during the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company's stock worth $26,000 after buying an additional 4,216 shares in the last quarter. GAMMA Investing LLC boosted its position in Capitol Federal Financial by 153.7% during the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company's stock valued at $53,000 after purchasing an additional 5,848 shares during the last quarter. KBC Group NV grew its stake in Capitol Federal Financial by 59.8% in the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company's stock valued at $54,000 after purchasing an additional 3,463 shares in the last quarter. Wealthstream Advisors Inc. acquired a new position in shares of Capitol Federal Financial during the 2nd quarter worth approximately $55,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $62,000. 88.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Piper Sandler raised their target price on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the company a "neutral" rating in a research note on Thursday, October 24th.

Capitol Federal Financial Stock Performance

Capitol Federal Financial stock traded up $0.20 during midday trading on Friday, reaching $6.89. 679,430 shares of the company's stock were exchanged, compared to its average volume of 717,835. The stock's 50-day simple moving average is $6.25 and its 200 day simple moving average is $5.84. The firm has a market cap of $914.58 million, a price-to-earnings ratio of 23.76 and a beta of 0.47. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.34 and a current ratio of 1.31. Capitol Federal Financial, Inc. has a 52 week low of $4.76 and a 52 week high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. The company had revenue of $101.65 million during the quarter, compared to the consensus estimate of $45.40 million. During the same period in the previous year, the company posted $0.04 EPS. On average, analysts expect that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date of this dividend was Friday, November 1st. Capitol Federal Financial's dividend payout ratio is presently 117.25%.

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.