Commerce Bank Cuts Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Commerce Bank decreased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 8.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,268 shares of the savings and loans company’s stock after selling 1,678 shares during the period. Commerce Bank’s holdings in Capitol Federal Financial were worth $107,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. IFS Advisors LLC grew its position in shares of Capitol Federal Financial by 1,865.5% during the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after purchasing an additional 4,216 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Capitol Federal Financial by 153.7% during the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock valued at $53,000 after purchasing an additional 5,848 shares in the last quarter. KBC Group NV grew its position in Capitol Federal Financial by 59.8% in the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after acquiring an additional 3,463 shares in the last quarter. Wealthstream Advisors Inc. purchased a new position in Capitol Federal Financial in the second quarter worth about $55,000. Finally, CWM LLC grew its position in Capitol Federal Financial by 533.2% in the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after acquiring an additional 9,922 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lifted their price target on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th.

Capitol Federal Financial Trading Down 0.3 %

CFFN opened at $6.78 on Thursday. The firm has a market cap of $899.98 million, a P/E ratio of 23.45 and a beta of 0.47. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20. 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 stock has a 50-day moving average of $6.29 and a 200 day moving average of $5.86.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. The business had revenue of $101.65 million during the quarter, compared to the consensus estimate of $45.40 million. During the same quarter last year, the firm earned $0.04 earnings per share. As a group, research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were given a dividend of $0.085 per share. The ex-dividend date was Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.01%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 117.25%.

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.