Rick C. Jackson Purchases 10,000 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) EVP Rick C. Jackson acquired 10,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were purchased at an average cost of $5.88 per share, with a total value of $58,800.00. Following the acquisition, the executive vice president now owns 191,428 shares of the company’s stock, valued at approximately $1,125,596.64. This represents a 5.51 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Capitol Federal Financial Stock Performance

Shares of Capitol Federal Financial stock opened at $5.92 on Friday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market cap of $786.09 million, a P/E ratio of 15.18 and a beta of 0.50. The firm has a 50 day simple moving average of $5.89 and a 200 day simple moving average of $6.10. Capitol Federal Financial, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, beating 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%. Sell-side analysts predict that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is currently 87.18%.

Institutional Trading of Capitol Federal Financial

A number of hedge funds and other institutional investors have recently modified their holdings of CFFN. JPMorgan Chase & Co. boosted its stake in Capitol Federal Financial by 52.5% in the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock valued at $6,149,000 after acquiring an additional 362,291 shares during the last quarter. Barclays PLC boosted its stake in Capitol Federal Financial by 71.3% in the third quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock valued at $1,587,000 after acquiring an additional 113,106 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Capitol Federal Financial in the third quarter valued at approximately $152,000. Assenagon Asset Management S.A. boosted its stake in Capitol Federal Financial by 54.8% in the third quarter. Assenagon Asset Management S.A. now owns 572,011 shares of the savings and loans company’s stock valued at $3,341,000 after acquiring an additional 202,614 shares during the last quarter. Finally, GSA Capital Partners LLP boosted its stake in Capitol Federal Financial by 254.7% in the third quarter. GSA Capital Partners LLP now owns 155,071 shares of the savings and loans company’s stock valued at $906,000 after acquiring an additional 111,356 shares during the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Analysts Set New Price Targets

Separately, Piper Sandler dropped their price objective on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating for the company in a 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.