Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 5.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 575,802 shares of the savings and loans company’s stock after selling 33,175 shares during the quarter. Principal Financial Group Inc. owned 0.43% of Capitol Federal Financial worth $3,363,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. IFS Advisors LLC increased its holdings in Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after acquiring an additional 4,216 shares in the last quarter. KBC Group NV grew its position in shares of Capitol Federal Financial by 59.8% in the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock valued at $54,000 after purchasing an additional 3,463 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of Capitol Federal Financial in the third quarter valued at about $66,000. EP Wealth Advisors LLC purchased a new stake in shares of Capitol Federal Financial during the third quarter worth about $66,000. Finally, GAMMA Investing LLC raised its position in shares of Capitol Federal Financial by 20.7% during the 3rd quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock worth $68,000 after purchasing an additional 1,995 shares during the last quarter. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Capitol Federal Financial Trading Up 1.2 %

Shares of CFFN opened at $5.89 on Friday. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The stock has a market cap of $782.04 million, a PE ratio of 20.31 and a beta of 0.51. The firm’s fifty day moving average is $6.50 and its two-hundred day moving average is $6.08. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 2.11.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $101.65 million for the quarter, compared to analyst estimates of $45.40 million. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. During the same period in the previous year, the business posted $0.04 earnings per share. Research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a $0.085 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.77%. Capitol Federal Financial’s dividend payout ratio is presently 117.24%.

Analyst Ratings Changes

Separately, Piper Sandler lifted their price objective on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.

Insider Buying and Selling

In other news, Director James G. Morris acquired 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of $6.84 per share, with a total value of $102,600.00. Following the completion of the acquisition, the director now owns 85,995 shares of the company’s stock, valued at $588,205.80. This trade represents a 21.13 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.20% of the stock is currently owned by company insiders.

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.