Barclays PLC raised its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 71.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 271,769 shares of the savings and loans company’s stock after acquiring an additional 113,106 shares during the period. Barclays PLC’s holdings in Capitol Federal Financial were worth $1,587,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Panagora Asset Management Inc. boosted its position in Capitol Federal Financial by 7.0% during the 2nd quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock worth $3,540,000 after purchasing an additional 41,990 shares during the period. TD Asset Management Inc boosted its stake in Capitol Federal Financial by 15.1% during the 2nd quarter. TD Asset Management Inc now owns 207,682 shares of the savings and loans company’s stock valued at $1,140,000 after acquiring an additional 27,226 shares during the last quarter. Choreo LLC acquired a new position in Capitol Federal Financial during the 2nd quarter worth $111,000. Texas Permanent School Fund Corp increased its position in shares of Capitol Federal Financial by 20.3% in the 2nd quarter. Texas Permanent School Fund Corp now owns 129,948 shares of the savings and loans company’s stock worth $713,000 after purchasing an additional 21,921 shares during the last quarter. Finally, WINTON GROUP Ltd increased its position in shares of Capitol Federal Financial by 12.6% in the 2nd quarter. WINTON GROUP Ltd now owns 27,172 shares of the savings and loans company’s stock worth $149,000 after purchasing an additional 3,050 shares during the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.
Capitol Federal Financial Stock Performance
Shares of NASDAQ CFFN opened at $5.95 on Friday. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The stock has a market capitalization of $790.01 million, a P/E ratio of 20.52 and a beta of 0.48. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 2.11. The firm’s 50-day moving average price is $6.55 and its two-hundred day moving average price is $6.05.
Capitol Federal Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.
Analyst Ratings Changes
Separately, Piper Sandler increased their price target on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th.
Check Out Our Latest Analysis on Capitol Federal Financial
Insider Buying and Selling
In related news, Director James G. Morris bought 15,000 shares of the stock in a transaction on Monday, December 2nd. The shares were purchased at an average price of $6.84 per share, with a total value of $102,600.00. Following the purchase, the director now owns 85,995 shares in the company, valued at approximately $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.20% of the company’s stock.
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.
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