American Century Companies Inc. decreased its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 7.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,240,949 shares of the savings and loans company’s stock after selling 250,563 shares during the quarter. American Century Companies Inc. owned 2.44% of Capitol Federal Financial worth $19,154,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in Capitol Federal Financial by 131.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock valued at $43,000 after buying an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. bought a new position in shares of Capitol Federal Financial in the fourth quarter valued at approximately $53,000. Wealthstream Advisors Inc. acquired a new position in shares of Capitol Federal Financial in the 4th quarter worth approximately $63,000. EP Wealth Advisors LLC bought a new stake in Capitol Federal Financial during the 3rd quarter worth approximately $66,000. Finally, Point72 DIFC Ltd acquired a new stake in Capitol Federal Financial during the 3rd quarter valued at $66,000. Institutional investors own 88.51% of the company’s stock.
Insider Activity at Capitol Federal Financial
In other Capitol Federal Financial news, Director Jeffrey M. Johnson bought 10,000 shares of Capitol Federal Financial stock in a transaction dated Friday, March 28th. The shares were bought at an average price of $5.63 per share, with a total value of $56,300.00. Following the purchase, the director now owns 112,900 shares of the company’s stock, valued at $635,627. This trade represents a 9.72 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director James G. Morris purchased 15,000 shares of the stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average price of $5.66 per share, with a total value of $84,900.00. Following the transaction, the director now owns 100,995 shares in the company, valued at $571,631.70. This trade represents a 17.44 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 40,000 shares of company stock worth $229,850 over the last 90 days. Insiders own 3.20% of the company’s stock.
Capitol Federal Financial Trading Down 1.0 %
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, beating 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, equities analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.
Capitol Federal Financial Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.98%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 87.18%.
Analyst Upgrades and Downgrades
Separately, Piper Sandler reduced their price objective on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Thursday, January 30th.
View Our Latest Research Report on Capitol Federal Financial
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.
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