Cramer Rosenthal Mcglynn LLC Decreases Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Cramer Rosenthal Mcglynn LLC trimmed its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 3.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,397,234 shares of the savings and loans company’s stock after selling 46,259 shares during the quarter. Cramer Rosenthal Mcglynn LLC’s holdings in Capitol Federal Financial were worth $8,258,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC lifted its holdings in shares of Capitol Federal Financial by 3.2% in the 4th quarter. Renaissance Technologies LLC now owns 4,734,897 shares of the savings and loans company’s stock worth $27,983,000 after acquiring an additional 148,118 shares during the last quarter. Geode Capital Management LLC boosted its position in Capitol Federal Financial by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,860,278 shares of the savings and loans company’s stock valued at $16,909,000 after buying an additional 15,578 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in 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 acquiring an additional 387,045 shares in the last quarter. Invesco Ltd. raised its stake in shares of Capitol Federal Financial by 118.7% during 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 acquiring an additional 867,870 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Capitol Federal Financial by 24.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,306,936 shares of the savings and loans company’s stock valued at $7,724,000 after purchasing an additional 253,987 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson acquired 5,000 shares of the company’s stock in a transaction dated Friday, January 31st. The shares were purchased at an average cost of $5.97 per share, with a total value of $29,850.00. Following the completion of the acquisition, the director now directly owns 102,900 shares of the company’s stock, valued at $614,313. This represents a 5.11 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rick C. Jackson bought 10,000 shares of Capitol Federal Financial stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average price of $5.88 per share, with a total value of $58,800.00. Following the purchase, the executive vice president now directly owns 191,428 shares in the company, valued at $1,125,596.64. The trade was a 5.51 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 40,000 shares of company stock worth $229,850. 3.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler cut 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 research report on Thursday, January 30th.

Capitol Federal Financial Trading Up 0.6 %

Shares of NASDAQ CFFN opened at $5.26 on Friday. The business has a fifty day moving average price of $5.68 and a 200 day moving average price of $6.02. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. 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 stock has a market capitalization of $698.45 million, a P/E ratio of 13.49 and a beta of 0.52.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, topping the consensus estimate 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 expect 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 was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.085 dividend. The ex-dividend date was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.46%. Capitol Federal Financial’s payout ratio is 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.