Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Purchases $56,300.00 in Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Jeffrey M. Johnson purchased 10,000 shares of the firm’s stock in a transaction dated Friday, March 28th. The shares were bought at an average cost of $5.63 per share, with a total value of $56,300.00. Following the purchase, the director now directly owns 112,900 shares of the company’s stock, valued at approximately $635,627. This represents a 9.72 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Capitol Federal Financial Stock Down 1.0 %

Capitol Federal Financial stock traded down $0.06 during midday trading on Friday, hitting $5.69. 607,642 shares of the company’s stock were exchanged, compared to its average volume of 779,011. The company has a market cap of $755.55 million, a PE ratio of 14.59 and a beta of 0.49. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a 50-day moving average of $5.86 and a two-hundred day moving average of $6.08.

Capitol Federal Financial (NASDAQ:CFFN) last announced its 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 net margin of 12.67% and a return on equity of 4.96%. As a group, analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal 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 given a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a yield of 5.98%. Capitol Federal Financial’s payout ratio is 87.18%.

Hedge Funds Weigh In On Capitol Federal Financial

Institutional investors and hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its position in shares of Capitol Federal Financial by 131.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock worth $43,000 after purchasing an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in Capitol Federal Financial in the fourth quarter valued at about $53,000. O Shaughnessy Asset Management LLC acquired a new stake in Capitol Federal Financial in the fourth quarter worth about $60,000. Wealthstream Advisors Inc. acquired a new stake in Capitol Federal Financial in the fourth quarter worth about $63,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Capitol Federal Financial during the third quarter worth about $66,000. 88.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Capitol Federal Financial Company 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.