Choreo LLC Invests $111,000 in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Choreo LLC acquired a new position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 20,347 shares of the savings and loans company’s stock, valued at approximately $111,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of Capitol Federal Financial by 8.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock worth $12,538,000 after buying an additional 150,482 shares during the period. Azora Capital LP acquired a new position in Capitol Federal Financial during the fourth quarter valued at $5,054,000. Panagora Asset Management Inc. lifted its position in Capitol Federal Financial by 7.0% during the second quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock valued at $3,540,000 after purchasing an additional 41,990 shares during the period. Empowered Funds LLC lifted its position in Capitol Federal Financial by 8.2% during 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 purchasing an additional 27,442 shares during the period. Finally, Rafferty Asset Management LLC lifted its position in Capitol Federal Financial by 83.1% during 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 purchasing an additional 101,959 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Capitol Federal Financial Stock Down 2.0 %

CFFN opened at $5.93 on Friday. Capitol Federal Financial, Inc. has a fifty-two week low of $4.22 and a fifty-two week high of $6.82. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.34 and a current ratio of 1.34. The company has a fifty day moving average of $5.96 and a two-hundred day moving average of $5.57. The stock has a market capitalization of $793.04 million, a price-to-earnings ratio of -6.31 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 analysts’ consensus estimates of $0.11 by ($0.04). Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. The firm had revenue of $99.70 million during the quarter, compared to analysts’ expectations of $47.23 million. During the same period in the previous year, the firm posted $0.06 EPS. On average, research analysts expect that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 2nd were paid a dividend of $0.085 per share. The ex-dividend date was Thursday, August 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.73%. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

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.