Foundry Partners LLC Takes $2.03 Million Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Foundry Partners LLC bought a new position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 342,800 shares of the savings and loans company’s stock, valued at approximately $2,026,000. Foundry Partners LLC owned about 0.26% of Capitol Federal Financial at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in Capitol Federal Financial by 131.9% during 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 during the period. Endeavor Private Wealth Inc. acquired a new stake in Capitol Federal Financial during the fourth quarter worth about $53,000. O Shaughnessy Asset Management LLC purchased a new position in Capitol Federal Financial during the fourth quarter valued at approximately $60,000. Wealthstream Advisors Inc. acquired a new position in Capitol Federal Financial in the fourth quarter valued at approximately $63,000. Finally, Point72 DIFC Ltd purchased a new stake in Capitol Federal Financial in the 3rd quarter worth approximately $66,000. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Transactions at Capitol Federal Financial

In other news, Director Jeffrey M. Johnson purchased 10,000 shares of the stock in a transaction dated Friday, March 28th. The shares were purchased at an average cost of $5.63 per share, with a total value of $56,300.00. Following the completion of the purchase, the director now directly owns 112,900 shares of the company’s stock, valued at approximately $635,627. The trade was a 9.72 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director James G. Morris purchased 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average price of $5.66 per share, with a total value of $84,900.00. Following the completion of the transaction, the director now directly owns 100,995 shares of the company’s stock, valued at $571,631.70. This represents a 17.44 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 40,000 shares of company stock valued at $229,850 over the last 90 days. Corporate insiders own 3.20% of the company’s stock.

Capitol Federal Financial Stock Performance

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

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 4.96% and a net margin of 12.67%. Sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

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

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.