Dimensional Fund Advisors LP Sells 241,681 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Dimensional Fund Advisors LP lowered its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 4.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,555,437 shares of the savings and loans company’s stock after selling 241,681 shares during the quarter. Dimensional Fund Advisors LP owned about 4.15% of Capitol Federal Financial worth $30,499,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Azora Capital LP acquired a new position in shares of Capitol Federal Financial in the 4th quarter valued at about $5,054,000. Panagora Asset Management Inc. increased its holdings in Capitol Federal Financial by 7.0% in the second quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock worth $3,540,000 after purchasing an additional 41,990 shares in the last quarter. Empowered Funds LLC lifted its stake in Capitol Federal Financial by 8.2% in the first quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock valued at $2,161,000 after buying an additional 27,442 shares during the period. Rafferty Asset Management LLC lifted its stake in Capitol Federal Financial by 83.1% in the fourth quarter. Rafferty Asset Management LLC now owns 224,616 shares of the savings and loans company’s stock valued at $1,449,000 after buying an additional 101,959 shares during the period. Finally, TD Asset Management Inc boosted its holdings in shares of Capitol Federal Financial by 15.1% during the 2nd quarter. TD Asset Management Inc now owns 207,682 shares of the savings and loans company’s stock worth $1,140,000 after buying an additional 27,226 shares in the last quarter. Institutional investors own 88.51% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. 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. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Piper Sandler increased their price objective on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th.

Capitol Federal Financial Price Performance

Shares of NASDAQ:CFFN opened at $5.62 on Wednesday. Capitol Federal Financial, Inc. has a twelve month low of $4.22 and a twelve month high of $6.82. The stock’s 50 day moving average is $5.89 and its 200-day moving average is $5.56. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.25. The firm has a market capitalization of $751.58 million, a price-to-earnings ratio of -5.98 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data 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). The business had revenue of $99.70 million for the quarter, compared to analyst estimates of $47.23 million. Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. During the same quarter in the previous year, the company posted $0.06 EPS. Sell-side analysts forecast that Capitol Federal Financial, Inc. will post 0.35 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Friday, August 2nd were given a $0.085 dividend. The ex-dividend date was Thursday, August 1st. This represents a $0.34 annualized dividend and a yield of 6.05%. Capitol Federal Financial’s payout ratio is -36.17%.

Capitol Federal Financial 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.