Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director James G. Morris Purchases 15,000 Shares

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director James G. Morris purchased 15,000 shares of Capitol Federal Financial stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of $6.84 per share, with a total value of $102,600.00. Following the completion of the purchase, the director now directly owns 85,995 shares in the company, valued at $588,205.80. This trade represents a 21.13 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Capitol Federal Financial Stock Up 1.2 %

Shares of Capitol Federal Financial stock opened at $6.69 on Thursday. The stock’s 50-day moving average is $6.36 and its 200 day moving average is $5.91. The firm has a market cap of $888.23 million, a price-to-earnings ratio of 23.07 and a beta of 0.48. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.34. Capitol Federal Financial, Inc. has a one year low of $4.76 and a one year high of $7.20.

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

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend was Friday, November 1st. Capitol Federal Financial’s payout ratio is 117.25%.

Analyst Ratings Changes

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

Institutional Trading of Capitol Federal Financial

A number of large investors have recently bought and sold shares of the company. IFS Advisors LLC boosted its holdings in shares of Capitol Federal Financial by 1,865.5% in the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after acquiring an additional 4,216 shares during the period. GAMMA Investing LLC increased its holdings in shares of Capitol Federal Financial by 153.7% in the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after buying an additional 5,848 shares during the period. KBC Group NV increased its holdings in shares of 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 buying an additional 3,463 shares during the period. Wealthstream Advisors Inc. purchased a new position in Capitol Federal Financial during the 2nd quarter valued at about $55,000. Finally, CWM LLC increased its holdings in Capitol Federal Financial by 533.2% during the 2nd quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after purchasing an additional 9,922 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

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.