Insider Buying: Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Purchases 15,000 Shares of Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director James G. Morris purchased 15,000 shares of the stock in a transaction dated Wednesday, March 26th. The shares were purchased at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the completion of the transaction, the director now owns 100,995 shares in the company, valued at $571,631.70. This trade represents a 17.44 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Capitol Federal Financial Trading Up 1.8 %

Shares of NASDAQ:CFFN opened at $5.75 on Friday. 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 stock has a market capitalization of $763.52 million, a price-to-earnings ratio of 14.74 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 company has a 50 day moving average price of $5.86 and a 200 day moving average price of $6.08.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal 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 paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is presently 87.18%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors boosted its stake in Capitol Federal Financial by 3.3% in the 4th quarter. Captrust Financial Advisors now owns 55,695 shares of the savings and loans company’s stock worth $329,000 after purchasing an additional 1,798 shares during the period. EP Wealth Advisors LLC raised its position in Capitol Federal Financial by 19.0% during the fourth quarter. EP Wealth Advisors LLC now owns 13,439 shares of the savings and loans company’s stock valued at $79,000 after acquiring an additional 2,144 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Capitol Federal Financial by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,602 shares of the savings and loans company’s stock valued at $417,000 after buying an additional 2,466 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Capitol Federal Financial by 9.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company’s stock worth $194,000 after buying an additional 2,731 shares during the last quarter. Finally, Mariner LLC increased its holdings in shares of Capitol Federal Financial by 1.9% during the 4th quarter. Mariner LLC now owns 164,765 shares of the savings and loans company’s stock valued at $974,000 after acquiring an additional 3,080 shares during the last quarter. 88.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.