42,931 Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Bought by Legacy Financial Strategies LLC

Legacy Financial Strategies LLC purchased a new position in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 42,931 shares of the savings and loans company's stock, valued at approximately $250,000.

A number of other institutional investors also recently added to or reduced their stakes in CFFN. Millennium Management LLC grew its stake in Capitol Federal Financial by 28.1% during the second quarter. Millennium Management LLC now owns 831,779 shares of the savings and loans company's stock worth $4,566,000 after buying an additional 182,683 shares during the last quarter. Algert Global LLC bought a new stake in Capitol Federal Financial during the 2nd quarter worth approximately $70,000. SG Americas Securities LLC increased its holdings in Capitol Federal Financial by 266.8% during the 3rd quarter. SG Americas Securities LLC now owns 46,360 shares of the savings and loans company's stock valued at $271,000 after purchasing an additional 33,721 shares in the last quarter. GAMMA Investing LLC raised its position in Capitol Federal Financial by 20.7% in the 3rd quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company's stock valued at $68,000 after purchasing an additional 1,995 shares during the last quarter. Finally, Diversified Trust Co grew its holdings in shares of Capitol Federal Financial by 10.0% during the third quarter. Diversified Trust Co now owns 26,573 shares of the savings and loans company's stock worth $155,000 after purchasing an additional 2,425 shares during the last quarter. 88.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lowered 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 report on Thursday, January 30th.

Insiders Place Their Bets

In other news, Director James G. Morris purchased 15,000 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the transaction, the director now directly owns 85,995 shares of the company's stock, valued at approximately $588,205.80. The trade was a 21.13 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Jeffrey M. Johnson acquired 5,000 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average price of $5.97 per share, with a total value of $29,850.00. Following the acquisition, the director now owns 102,900 shares of the company's stock, valued at approximately $614,313. This trade represents a 5.11 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 3.20% of the company's stock.

Capitol Federal Financial Trading Down 0.5 %

Shares of CFFN stock traded down $0.03 on Wednesday, reaching $6.11. 648,661 shares of the stock were exchanged, compared to its average volume of 745,781. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.31. Capitol Federal Financial, Inc. has a one year low of $4.76 and a one year high of $7.20. The stock has a market cap of $811.22 million, a PE ratio of 15.67 and a beta of 0.50. The stock has a 50 day moving average price of $6.00 and a 200 day moving average price of $6.09.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 research analysts forecast that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a yield of 5.56%. Capitol Federal Financial's payout ratio is presently 87.18%.

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.