KBC Group NV raised its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN – Free Report) by 59.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,256 shares of the savings and loans company’s stock after buying an additional 3,463 shares during the quarter. KBC Group NV’s holdings in Capitol Federal Financial were worth $54,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. IFS Advisors LLC grew its position in Capitol Federal Financial by 1,865.5% during the 3rd 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 in the last quarter. GAMMA Investing LLC grew its holdings in shares of 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 valued at $53,000 after buying an additional 5,848 shares in the last quarter. Wealthstream Advisors Inc. acquired a new position in Capitol Federal Financial during the second quarter valued at $55,000. EntryPoint Capital LLC purchased a new stake in Capitol Federal Financial in the 1st quarter worth about $62,000. Finally, CWM LLC lifted its stake in Capitol Federal Financial by 533.2% in the 2nd quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after acquiring an additional 9,922 shares in the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.
Analysts Set New Price Targets
Separately, Piper Sandler lifted their target price on 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 Up 3.0 %
CFFN stock opened at $6.89 on Friday. Capitol Federal Financial, Inc. has a 12-month low of $4.76 and a 12-month high of $7.20. The company has a quick ratio of 1.34, a current ratio of 1.31 and a debt-to-equity ratio of 2.11. The company has a market cap of $914.58 million, a price-to-earnings ratio of 23.76 and a beta of 0.47. The company has a 50 day moving average of $6.25 and a two-hundred day moving average of $5.83.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last issued its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. The company 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 period in the prior year, the firm posted $0.04 EPS. On average, equities analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.
Capitol Federal Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 4.93%. The ex-dividend date was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio is 117.25%.
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.
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