Insider Buying: Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Purchases 15,000 Shares of Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN - Get Free Report) Director James G. Morris acquired 15,000 shares of Capitol Federal Financial stock in a transaction dated Wednesday, March 26th. The stock was bought at an average price of $5.66 per share, with a total value of $84,900.00. Following the completion of the purchase, the director now directly owns 100,995 shares in the company, valued at $571,631.70. This represents a 17.44 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Capitol Federal Financial Price Performance

Shares of CFFN traded down $0.05 during trading hours on Monday, reaching $5.65. 159,591 shares of the stock traded hands, compared to its average volume of 776,253. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week 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 company has a market cap of $749.58 million, a P/E ratio of 14.45 and a beta of 0.49. The company's 50-day moving average price is $5.86 and its two-hundred day moving average price is $6.09.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. On average, analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

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

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their price objective on 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.

Hedge Funds Weigh In On Capitol Federal Financial

A number of hedge funds and other institutional investors have recently modified their holdings of CFFN. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Capitol Federal Financial by 9.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company's stock worth $194,000 after purchasing an additional 2,731 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Capitol Federal Financial by 70.0% in the third quarter. Intech Investment Management LLC now owns 62,769 shares of the savings and loans company's stock worth $367,000 after buying an additional 25,848 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Capitol Federal Financial by 99.0% during the third quarter. BNP Paribas Financial Markets now owns 130,005 shares of the savings and loans company's stock valued at $759,000 after buying an additional 64,690 shares during the last quarter. Captrust Financial Advisors grew its holdings 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 valued at $315,000 after buying an additional 6,869 shares in the last quarter. Finally, Verition Fund Management LLC bought a new stake in Capitol Federal Financial in the 3rd quarter worth approximately $317,000. Institutional investors own 88.51% of the company's stock.

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.