Ieq Capital LLC Purchases 57,887 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Ieq Capital LLC lifted its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 53.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 165,677 shares of the savings and loans company's stock after buying an additional 57,887 shares during the period. Ieq Capital LLC owned about 0.12% of Capitol Federal Financial worth $979,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its position in Capitol Federal Financial by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company's stock valued at $3,501,000 after purchasing an additional 16,529 shares during the period. Legacy Financial Strategies LLC bought a new position in Capitol Federal Financial in the fourth quarter worth approximately $250,000. Endeavor Private Wealth Inc. purchased a new stake in shares of Capitol Federal Financial in the fourth quarter worth $53,000. Emprise Bank purchased a new stake in shares of Capitol Federal Financial in the fourth quarter worth $337,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Capitol Federal Financial by 52.5% in the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company's stock worth $6,149,000 after purchasing an additional 362,291 shares in the last quarter. Institutional investors own 88.51% of the company's stock.

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson acquired 5,000 shares of the stock in a transaction on Friday, January 31st. The stock was acquired at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the transaction, the director now directly owns 102,900 shares of the company's stock, valued at $614,313. This trade represents a 5.11 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James G. Morris acquired 15,000 shares of the stock in a transaction on Monday, December 2nd. The shares were acquired at an average price of $6.84 per share, with a total value of $102,600.00. Following the transaction, the director now directly owns 85,995 shares of the company's stock, valued at $588,205.80. The trade was a 21.13 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 30,000 shares of company stock valued at $191,250. Corporate insiders own 3.20% of the company's stock.

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Capitol Federal Financial Price Performance

Shares of NASDAQ CFFN traded up $0.02 during midday trading on Friday, reaching $5.92. The stock had a trading volume of 560,502 shares, compared to its average volume of 687,249. The company has a market capitalization of $786.09 million, a price-to-earnings ratio of 15.18 and a beta of 0.50. The stock has a 50-day moving average of $5.89 and a 200-day moving average of $6.10. Capitol Federal Financial, Inc. has a 12-month low of $4.76 and a 12-month high of $7.20. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30.

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 earnings per share 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, research analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a dividend of $0.085 per share. The ex-dividend date was Friday, February 7th. This represents a $0.34 annualized dividend and a yield of 5.74%. Capitol Federal Financial's payout ratio is 87.18%.

Wall Street Analysts Forecast Growth

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

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.