Texas Permanent School Fund Corp Increases Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Texas Permanent School Fund Corp grew its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 20.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 129,948 shares of the savings and loans company’s stock after acquiring an additional 21,921 shares during the quarter. Texas Permanent School Fund Corp owned about 0.10% of Capitol Federal Financial worth $713,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of Capitol Federal Financial by 153.7% during the 2nd quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock valued at $53,000 after acquiring an additional 5,848 shares during the last quarter. Wealthstream Advisors Inc. purchased a new position in shares of Capitol Federal Financial in the second quarter worth approximately $55,000. EntryPoint Capital LLC bought a new stake in Capitol Federal Financial during the first quarter valued at approximately $62,000. CWM LLC grew its position in Capitol Federal Financial by 533.2% during the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after buying an additional 9,922 shares during the period. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in Capitol Federal Financial during the fourth quarter valued at approximately $86,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Stock Performance

Shares of NASDAQ CFFN opened at $5.93 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25. Capitol Federal Financial, Inc. has a 12-month low of $4.22 and a 12-month high of $6.82. The firm has a market capitalization of $793.04 million, a price-to-earnings ratio of -6.31 and a beta of 0.49. The firm has a 50 day moving average of $5.96 and a 200 day moving average of $5.57.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.04). Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. The firm had revenue of $99.70 million for the quarter, compared to analysts’ expectations of $47.23 million. During the same period in the prior year, the firm earned $0.06 EPS. On average, research analysts anticipate that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 5.73%. The ex-dividend date was Thursday, August 1st. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

Analyst Ratings Changes

Several analysts recently issued reports on CFFN shares. Piper Sandler boosted their target price on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th. StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a research report on Thursday, July 25th.

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.