342,800 Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Acquired by Foundry Partners LLC

Foundry Partners LLC bought a new stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 4th quarter, HoldingsChannel reports. The firm bought 342,800 shares of the savings and loans company’s stock, valued at approximately $2,026,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in shares of Capitol Federal Financial by 99.0% in the third quarter. BNP Paribas Financial Markets now owns 130,005 shares of the savings and loans company’s stock valued at $759,000 after purchasing an additional 64,690 shares during the period. Captrust Financial Advisors grew its stake in shares of Capitol Federal Financial by 14.6% in the 3rd quarter. Captrust Financial Advisors now owns 53,897 shares of the savings and loans company’s stock valued at $315,000 after buying an additional 6,869 shares during the period. Verition Fund Management LLC acquired a new stake in shares of Capitol Federal Financial during the 3rd quarter worth approximately $317,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Capitol Federal Financial during the 3rd quarter valued at approximately $82,000. Finally, Paloma Partners Management Co purchased a new position in Capitol Federal Financial in the third quarter worth approximately $131,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 5,000 shares of the company’s stock in a transaction on Friday, January 31st. The stock was acquired at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the purchase, the director now directly owns 102,900 shares in the company, valued at approximately $614,313. The trade was a 5.11 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James G. Morris acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were bought at an average cost of $5.66 per share, for a total transaction of $84,900.00. Following the transaction, the director now directly owns 100,995 shares of the company’s stock, valued at approximately $571,631.70. This trade represents a 17.44 % increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 40,000 shares of company stock valued at $229,850 in the last three months. 3.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Piper Sandler reduced their target price on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, January 30th.

Capitol Federal Financial Price Performance

Capitol Federal Financial stock opened at $5.25 on Friday. The company’s 50 day simple moving average is $5.84 and its 200-day simple moving average is $6.07. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20. The company has a market capitalization of $697.13 million, a price-to-earnings ratio of 13.46 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. As a group, equities research analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 6.48%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is 87.18%.

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.