Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Jeffrey M. Johnson Purchases 10,000 Shares

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Jeffrey M. Johnson purchased 10,000 shares of the firm’s stock in a transaction on Friday, March 28th. The shares were acquired at an average cost of $5.63 per share, for a total transaction of $56,300.00. Following the completion of the purchase, the director now directly owns 112,900 shares of the company’s stock, valued at approximately $635,627. This represents a 9.72 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Capitol Federal Financial Trading Down 1.0 %

NASDAQ CFFN opened at $5.69 on Monday. The firm has a market cap of $755.55 million, a PE ratio of 14.59 and a beta of 0.49. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The stock has a 50-day moving average of $5.86 and a 200-day moving average of $6.09. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.11.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data 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 return on equity of 4.96% and a net margin of 12.67%. As a group, sell-side analysts forecast that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s payout ratio is 87.18%.

Wall Street Analyst Weigh In

Separately, Piper Sandler reduced their target price on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, January 30th.

Hedge Funds Weigh In On Capitol Federal Financial

Hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. increased its holdings in Capitol Federal Financial by 118.7% during the 4th quarter. Invesco Ltd. now owns 1,599,047 shares of the savings and loans company’s stock valued at $9,450,000 after purchasing an additional 867,870 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Capitol Federal Financial by 28.3% in 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 buying an additional 387,045 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Capitol Federal Financial by 52.5% during the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock valued at $6,149,000 after buying an additional 362,291 shares during the period. Foundry Partners LLC bought a new position in shares of Capitol Federal Financial during the fourth quarter valued at approximately $2,026,000. Finally, Two Sigma Advisers LP raised its holdings in shares of Capitol Federal Financial by 32.1% during the fourth quarter. Two Sigma Advisers LP now owns 884,100 shares of the savings and loans company’s stock valued at $5,225,000 after acquiring an additional 214,900 shares in the last quarter. 88.51% of the stock is owned by institutional investors.

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.