26,080 Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 26,080 shares of the savings and loans company’s stock, valued at approximately $152,000.

A number of other hedge funds have also modified their holdings of the company. IFS Advisors LLC boosted its position in Capitol Federal Financial by 1,865.5% in the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after buying an additional 4,216 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Capitol Federal Financial by 153.7% in the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after acquiring an additional 5,848 shares during the period. Wealthstream Advisors Inc. purchased a new position in shares of Capitol Federal Financial during the second quarter worth $55,000. EntryPoint Capital LLC acquired a new position in Capitol Federal Financial during the first quarter valued at $62,000. Finally, CWM LLC boosted its holdings in Capitol Federal Financial by 533.2% in the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after purchasing an additional 9,922 shares during the last quarter. 88.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CFFN has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upped their target price on Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a research note on Thursday, July 25th. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Piper Sandler boosted their target price on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th.

Capitol Federal Financial Stock Performance

NASDAQ CFFN opened at $6.95 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 1.34 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The stock has a 50-day moving average of $6.08 and a 200 day moving average of $5.74. The stock has a market capitalization of $922.52 million, a price-to-earnings ratio of 23.97 and a beta of 0.47.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, beating 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 return on equity of 4.69% and a net margin of 9.95%. During the same quarter last year, the firm posted $0.04 EPS. Sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.89%. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.

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.