LSV Asset Management Invests $444,000 in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

LSV Asset Management acquired a new stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) during the fourth quarter, HoldingsChannel reports. The firm acquired 75,118 shares of the savings and loans company’s stock, valued at approximately $444,000.

Other large investors have also modified their holdings of the company. Renaissance Technologies LLC increased its holdings in 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 valued at $27,983,000 after buying an additional 148,118 shares during the period. Geode Capital Management LLC increased its stake in Capitol Federal Financial by 0.5% in the fourth 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 acquiring an additional 15,578 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Capitol Federal Financial by 28.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company’s stock worth $10,376,000 after purchasing an additional 387,045 shares in the last quarter. Invesco Ltd. lifted its stake in 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 worth $9,450,000 after purchasing an additional 867,870 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Capitol Federal Financial by 24.1% during 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 in the last quarter. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Capitol Federal Financial Stock Up 2.2 %

CFFN opened at $5.14 on Tuesday. The firm has a market cap of $682.52 million, a price-to-earnings ratio of 13.18 and a beta of 0.52. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. The firm’s 50-day simple moving average is $5.73 and its 200-day simple moving average is $6.04. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings data on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share 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 anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm 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. The ex-dividend date was Friday, February 7th. This represents a $0.34 annualized dividend and a yield of 6.61%. Capitol Federal Financial’s payout ratio is 87.18%.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped their target price 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.

Insiders Place Their Bets

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

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.