Insider Buying: Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Buys $56,300.00 in Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Jeffrey M. Johnson acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The stock was acquired at an average cost of $5.63 per share, with a total value of $56,300.00. Following the completion of the acquisition, the director now owns 112,900 shares in the company, valued at $635,627. This trade represents a 9.72 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Capitol Federal Financial Trading Down 1.0 %

Shares of CFFN opened at $5.69 on Monday. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The stock has a market cap of $755.55 million, a PE ratio of 14.59 and a beta of 0.49. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The business’s 50-day moving average price is $5.86 and its 200-day moving average price is $6.09.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, equities analysts forecast 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. Investors of record on Friday, February 7th were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 5.98%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is 87.18%.

Hedge Funds Weigh In On Capitol Federal Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Capitol Federal Financial by 9.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 33,215 shares of the savings and loans company’s stock valued at $194,000 after acquiring an additional 2,731 shares during the last quarter. Intech Investment Management LLC lifted its position in Capitol Federal Financial by 70.0% during the third quarter. Intech Investment Management LLC now owns 62,769 shares of the savings and loans company’s stock valued at $367,000 after purchasing an additional 25,848 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Capitol Federal Financial by 99.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 130,005 shares of the savings and loans company’s stock worth $759,000 after buying an additional 64,690 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Capitol Federal Financial by 14.6% in the 3rd quarter. Captrust Financial Advisors now owns 53,897 shares of the savings and loans company’s stock worth $315,000 after buying an additional 6,869 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new stake in shares of Capitol Federal Financial during the 3rd quarter valued at $317,000. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped their target price on 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.

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.