Prudential Financial Inc. Trims Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Prudential Financial Inc. reduced its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 35.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 126,747 shares of the savings and loans company's stock after selling 70,500 shares during the quarter. Prudential Financial Inc. owned about 0.10% of Capitol Federal Financial worth $749,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in Capitol Federal Financial by 52.5% during the 3rd 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 during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Capitol Federal Financial by 511.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 203,065 shares of the savings and loans company's stock worth $1,200,000 after buying an additional 169,850 shares during the last quarter. Barclays PLC increased its position in Capitol Federal Financial by 71.3% in the 3rd quarter. Barclays PLC now owns 271,769 shares of the savings and loans company's stock valued at $1,587,000 after acquiring an additional 113,106 shares during the period. Semanteon Capital Management LP purchased a new stake in Capitol Federal Financial during the 4th quarter valued at approximately $537,000. Finally, Sei Investments Co. lifted its position in Capitol Federal Financial by 66.3% during the 4th quarter. Sei Investments Co. now owns 168,756 shares of the savings and loans company's stock worth $997,000 after acquiring an additional 67,276 shares during the period. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

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Capitol Federal Financial Stock Performance

Shares of CFFN stock traded down $0.07 during trading hours on Friday, reaching $5.03. 997,423 shares of the company's stock were exchanged, compared to its average volume of 793,853. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. The company's 50 day moving average is $5.75 and its two-hundred day moving average is $6.04. The company has a market cap of $667.91 million, a P/E ratio of 12.90 and a beta of 0.52. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced 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%. Equities research analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS 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. Shareholders of record on Friday, February 7th were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.34 annualized dividend and a yield of 6.76%. Capitol Federal Financial's payout ratio is currently 87.18%.

Insider Buying and Selling at Capitol Federal Financial

In other Capitol Federal Financial news, Director James G. Morris acquired 15,000 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of $5.66 per share, with a total value of $84,900.00. Following the purchase, the director now owns 100,995 shares in the company, valued at approximately $571,631.70. The trade was a 17.44 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jeffrey M. Johnson bought 10,000 shares of the business's stock in a transaction on Friday, March 28th. The shares were acquired at an average price of $5.63 per share, with a total value of $56,300.00. Following the transaction, the director now owns 112,900 shares of the company's stock, valued at $635,627. The trade was a 9.72 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 40,000 shares of company stock valued at $229,850. Corporate insiders own 3.20% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler decreased their price target on Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating for the company in a report on Thursday, January 30th.

Capitol Federal Financial 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.