Capitol Federal Financial, Inc. (NASDAQ:CFFN - Get Free Report) EVP Rick C. Jackson acquired 10,000 shares of the company's stock in a transaction dated Monday, February 24th. The shares were purchased at an average cost of $5.88 per share, for a total transaction of $58,800.00. Following the purchase, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Capitol Federal Financial Price Performance
Capitol Federal Financial stock traded up $0.02 during trading on Friday, reaching $5.92. The company had a trading volume of 560,502 shares, compared to its average volume of 687,249. The firm's 50-day simple moving average is $5.89 and its 200 day simple moving average is $6.11. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The firm has a market capitalization of $786.09 million, a PE ratio of 15.18 and a beta of 0.50. 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 announced its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, beating 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%. As a group, equities research analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.
Capitol Federal Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.085 dividend. The ex-dividend date was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a yield of 5.74%. Capitol Federal Financial's payout ratio is currently 87.18%.
Wall Street Analysts Forecast Growth
Separately, Piper Sandler dropped their target price on Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating on the stock in a research report on Thursday, January 30th.
View Our Latest Stock Report on Capitol Federal Financial
Institutional Investors Weigh In On Capitol Federal Financial
Hedge funds have recently modified their holdings of the business. Invesco Ltd. raised its position in shares of Capitol Federal Financial by 118.7% in the fourth quarter. Invesco Ltd. now owns 1,599,047 shares of the savings and loans company's stock valued at $9,450,000 after buying an additional 867,870 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Capitol Federal Financial by 28.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company's stock worth $10,376,000 after acquiring an additional 387,045 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of 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 acquiring an additional 362,291 shares in the last quarter. Foundry Partners LLC acquired a new position in shares of Capitol Federal Financial during the 4th quarter worth about $2,026,000. Finally, Two Sigma Advisers LP boosted its position in shares of Capitol Federal Financial by 32.1% during the 4th quarter. Two Sigma Advisers LP now owns 884,100 shares of the savings and loans company's stock worth $5,225,000 after acquiring an additional 214,900 shares in the last quarter. 88.51% of the stock is currently owned by institutional investors and hedge funds.
About Capitol Federal Financial
(
Get Free Report)
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.
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