Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Sold by Empowered Funds LLC

Empowered Funds LLC lowered its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 62.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,314 shares of the savings and loans company’s stock after selling 245,294 shares during the quarter. Empowered Funds LLC’s holdings in Capitol Federal Financial were worth $849,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. State Board of Administration of Florida Retirement System lifted its holdings in shares of Capitol Federal Financial by 23.0% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 102,093 shares of the savings and loans company’s stock valued at $608,000 after buying an additional 19,076 shares during the period. CANADA LIFE ASSURANCE Co raised its position in Capitol Federal Financial by 8.8% in the first quarter. CANADA LIFE ASSURANCE Co now owns 122,310 shares of the savings and loans company’s stock worth $726,000 after acquiring an additional 9,848 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in Capitol Federal Financial in the first quarter valued at $62,000. Tidal Investments LLC purchased a new stake in shares of Capitol Federal Financial during the 1st quarter worth $609,000. Finally, GAMMA Investing LLC grew its stake in shares of Capitol Federal Financial by 153.7% during 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. Institutional investors and hedge funds own 88.51% of the company’s stock.

Capitol Federal Financial Trading Up 3.0 %

Shares of CFFN stock opened at $6.89 on Friday. The company has a market capitalization of $914.58 million, a price-to-earnings ratio of 23.76 and a beta of 0.47. The company has a current ratio of 1.31, a quick ratio of 1.34 and a debt-to-equity ratio of 2.11. The firm has a 50-day moving average price of $6.25 and a 200 day moving average price of $5.83. 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 results on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $101.65 million during the quarter, compared to the consensus estimate of $45.40 million. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. During the same period in the previous year, the firm posted $0.04 earnings per share. Research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a $0.085 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 annualized dividend and a yield of 4.93%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 117.25%.

Wall Street Analyst Weigh In

Separately, Piper Sandler increased their target price on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the company 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.