Thrivent Financial for Lutherans Boosts Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Thrivent Financial for Lutherans grew its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 10.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,693 shares of the savings and loans company’s stock after purchasing an additional 22,648 shares during the period. Thrivent Financial for Lutherans owned approximately 0.18% of Capitol Federal Financial worth $1,429,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CFFN. Cibc World Markets Corp purchased a new position in Capitol Federal Financial during the fourth quarter worth about $69,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Capitol Federal Financial by 511.4% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 203,065 shares of the savings and loans company’s stock valued at $1,200,000 after acquiring an additional 169,850 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Capitol Federal Financial during the fourth quarter worth about $170,000. Aigen Investment Management LP grew its holdings in shares of Capitol Federal Financial by 57.5% during the fourth quarter. Aigen Investment Management LP now owns 40,810 shares of the savings and loans company’s stock worth $241,000 after purchasing an additional 14,899 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of Capitol Federal Financial in the fourth quarter worth approximately $138,000. Institutional investors own 88.51% of the company’s stock.

Insider Activity

In other news, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction on Monday, February 24th. The shares were acquired at an average price of $5.88 per share, with a total value of $58,800.00. Following the acquisition, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. The trade was a 5.51 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jeffrey M. Johnson acquired 5,000 shares of the stock in a transaction dated Friday, January 31st. The shares were purchased at an average cost of $5.97 per share, with a total value of $29,850.00. Following the completion of the purchase, the director now owns 102,900 shares of the company’s stock, valued at approximately $614,313. The trade was a 5.11 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 40,000 shares of company stock valued at $229,850. Corporate insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped 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 report on Thursday, January 30th.

Capitol Federal Financial Trading Down 1.0 %

NASDAQ CFFN opened at $5.69 on Monday. The stock’s 50-day simple moving average is $5.86 and its two-hundred day simple moving average is $6.09. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The company has a market capitalization of $755.55 million, a price-to-earnings ratio of 14.59 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data 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 return on equity of 4.96% and a net margin of 12.67%. Research analysts forecast that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.085 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.98%. Capitol Federal Financial’s payout ratio is 87.18%.

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.