Commerce Bank Sells 1,678 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Commerce Bank trimmed its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 8.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,268 shares of the savings and loans company’s stock after selling 1,678 shares during the quarter. Commerce Bank’s holdings in Capitol Federal Financial were worth $107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IFS Advisors LLC lifted its holdings in shares of Capitol Federal Financial by 1,865.5% during the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after buying an additional 4,216 shares during the period. KBC Group NV lifted its holdings in shares of Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock valued at $54,000 after buying an additional 3,463 shares during the period. GAMMA Investing LLC raised its holdings in Capitol Federal Financial by 153.7% in the 2nd quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after purchasing an additional 5,848 shares during the period. Wealthstream Advisors Inc. bought a new position in Capitol Federal Financial in the 2nd quarter worth $55,000. Finally, CWM LLC raised its holdings in Capitol Federal Financial by 533.2% in the 2nd quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after purchasing an additional 9,922 shares during the period. 88.51% of the stock is owned by institutional investors.

Capitol Federal Financial Price Performance

Shares of Capitol Federal Financial stock opened at $6.78 on Thursday. Capitol Federal Financial, Inc. has a one year low of $4.76 and a one year high of $7.20. The stock’s fifty day moving average is $6.29 and its 200 day moving average is $5.86. The stock has a market cap of $899.98 million, a P/E ratio of 23.45 and a beta of 0.47. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.34 and a current ratio of 1.31.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. The business had revenue of $101.65 million during the quarter, compared to analyst estimates of $45.40 million. During the same quarter in the prior year, the business posted $0.04 EPS. Sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a $0.085 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.01%. Capitol Federal Financial’s payout ratio is presently 117.25%.

Analyst Ratings Changes

Separately, Piper Sandler raised their target price on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.

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.