Empowered Funds LLC Reduces Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Empowered Funds LLC trimmed its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 62.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 145,314 shares of the savings and loans company’s stock after selling 245,294 shares during the period. Empowered Funds LLC owned 0.11% of Capitol Federal Financial worth $849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. IFS Advisors LLC lifted its stake in Capitol Federal Financial by 1,865.5% during the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after purchasing an additional 4,216 shares during the last quarter. GAMMA Investing LLC raised its holdings in Capitol Federal Financial by 153.7% during the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after purchasing an additional 5,848 shares in the last quarter. KBC Group NV lifted its position in shares of Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after buying an additional 3,463 shares during the last quarter. Wealthstream Advisors Inc. acquired a new position in shares of Capitol Federal Financial in the 2nd quarter valued at $55,000. Finally, EntryPoint Capital LLC purchased a new position in shares of Capitol Federal Financial in the 1st quarter valued at $62,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Capitol Federal Financial Trading Up 3.0 %

NASDAQ:CFFN opened at $6.89 on Friday. The company has a market capitalization of $914.58 million, a PE ratio of 23.76 and a beta of 0.47. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The stock’s 50 day moving average price is $6.25 and its 200 day moving average price is $5.83. The company has a quick ratio of 1.34, a current ratio of 1.31 and a debt-to-equity ratio of 2.11.

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, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $101.65 million for the quarter, compared to analyst estimates of $45.40 million. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. During the same period last year, the firm posted $0.04 earnings per share. On average, research analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a $0.085 dividend. The ex-dividend date was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a yield of 4.93%. Capitol Federal Financial’s dividend payout ratio is presently 117.25%.

Analysts Set New Price Targets

Separately, Piper Sandler boosted their price target on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th.

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.