16,700 Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas purchased a new stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,700 shares of the savings and loans company’s stock, valued at approximately $99,000.

A number of other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in shares of Capitol Federal Financial by 131.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock valued at $43,000 after purchasing an additional 4,093 shares during the period. Endeavor Private Wealth Inc. acquired a new stake in Capitol Federal Financial in the 4th quarter valued at about $53,000. Wealthstream Advisors Inc. bought a new position in Capitol Federal Financial in the 4th quarter worth approximately $63,000. EP Wealth Advisors LLC acquired a new position in shares of Capitol Federal Financial during the third quarter valued at $66,000. Finally, Point72 DIFC Ltd acquired a new position in Capitol Federal Financial during the 3rd quarter valued at about $66,000. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Capitol Federal Financial Stock Performance

CFFN opened at $5.64 on Thursday. The business’s 50-day simple moving average is $5.85 and its 200 day simple moving average is $6.08. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market capitalization of $748.91 million, a PE ratio of 14.46 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 (EPS) for the quarter, topping 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%. As a group, sell-side analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio is currently 87.18%.

Wall Street Analyst Weigh In

Separately, Piper Sandler decreased their price objective on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating for the company in a research note on Thursday, January 30th.

Insider Activity

In other Capitol Federal Financial news, Director James G. Morris purchased 15,000 shares of the business’s stock in a transaction on Wednesday, March 26th. The stock was acquired at an average price of $5.66 per share, with a total value of $84,900.00. Following the acquisition, the director now directly owns 100,995 shares of the company’s stock, valued at $571,631.70. This trade represents a 17.44 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jeffrey M. Johnson acquired 5,000 shares of Capitol Federal Financial stock in a transaction on Friday, January 31st. The shares were bought at an average cost of $5.97 per share, with a total value of $29,850.00. Following the completion of the transaction, the director now owns 102,900 shares of the company’s stock, valued at approximately $614,313. This trade represents a 5.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 40,000 shares of company stock valued at $229,850 in the last quarter. Company insiders own 3.20% of the company’s stock.

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.