Stifel Financial Corp Acquires 5,673 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Stifel Financial Corp raised its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 9.4% during the third quarter, HoldingsChannel.com reports. The fund owned 66,067 shares of the savings and loans company’s stock after purchasing an additional 5,673 shares during the period. Stifel Financial Corp’s holdings in Capitol Federal Financial were worth $386,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in Capitol Federal Financial by 20.7% in the 3rd quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock valued at $68,000 after purchasing an additional 1,995 shares during the last quarter. Diversified Trust Co grew its position in Capitol Federal Financial by 10.0% during the 3rd quarter. Diversified Trust Co now owns 26,573 shares of the savings and loans company’s stock worth $155,000 after acquiring an additional 2,425 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in 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 valued at $194,000 after purchasing an additional 2,731 shares during the last quarter. WINTON GROUP Ltd boosted its stake in shares of Capitol Federal Financial by 12.6% during the second quarter. WINTON GROUP Ltd now owns 27,172 shares of the savings and loans company’s stock valued at $149,000 after purchasing an additional 3,050 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of Capitol Federal Financial by 59.8% during the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after purchasing an additional 3,463 shares during the last quarter. Institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Transactions at Capitol Federal Financial

In related news, Director James G. Morris acquired 15,000 shares of Capitol Federal Financial stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of $6.84 per share, with a total value of $102,600.00. Following the transaction, the director now directly owns 85,995 shares in the company, valued at $588,205.80. This represents a 21.13 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 3.20% of the company’s stock.

Capitol Federal Financial Stock Down 0.3 %

Shares of CFFN opened at $5.95 on Friday. The company has a market capitalization of $790.01 million, a PE ratio of 20.52 and a beta of 0.48. The stock’s 50-day moving average price is $6.55 and its two-hundred day moving average price is $6.05. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results 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 firm had revenue of $101.65 million during the quarter, compared to analyst estimates of $45.40 million. During the same quarter last year, the business earned $0.04 EPS. On average, analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 EPS for the current 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 dividend of $0.085 per share. The ex-dividend date was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.71%. Capitol Federal Financial’s payout ratio is currently 117.24%.

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.