Texas Permanent School Fund Grows Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Texas Permanent School Fund increased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFNGet Rating) by 2.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 93,336 shares of the savings and loans company’s stock after buying an additional 1,790 shares during the quarter. Texas Permanent School Fund’s holdings in Capitol Federal Financial were worth $857,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Sciencast Management LP purchased a new position in Capitol Federal Financial during the 2nd quarter worth approximately $170,000. SG Americas Securities LLC purchased a new position in Capitol Federal Financial during the 2nd quarter worth approximately $291,000. Verition Fund Management LLC purchased a new position in Capitol Federal Financial during the 1st quarter worth approximately $151,000. Aigen Investment Management LP purchased a new position in Capitol Federal Financial during the 1st quarter worth approximately $286,000. Finally, American Century Companies Inc. lifted its position in Capitol Federal Financial by 0.9% during the 1st quarter. American Century Companies Inc. now owns 15,559,368 shares of the savings and loans company’s stock worth $169,286,000 after acquiring an additional 143,182 shares during the period. Hedge funds and other institutional investors own 74.87% of the company’s stock.

Capitol Federal Financial Stock Up 2.1 %

Capitol Federal Financial stock opened at $8.16 on Monday. Capitol Federal Financial, Inc. has a twelve month low of $7.19 and a twelve month high of $12.48. The stock has a 50 day moving average of $8.41 and a two-hundred day moving average of $9.14. The company has a current ratio of 1.20, a quick ratio of 1.14 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 13.16 and a beta of 0.44.

Capitol Federal Financial Increases Dividend

The business also recently disclosed a None dividend, which will be paid on Friday, December 2nd. Shareholders of record on Friday, November 18th will be given a dividend of $0.28 per share. This is a boost from Capitol Federal Financial’s previous None dividend of $0.20. The ex-dividend date is Thursday, November 17th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 54.84%.

Analysts Set New Price Targets

Separately, StockNews.com cut Capitol Federal Financial from a “hold” rating to a “sell” rating in a research report on Saturday.

Insiders Place Their Bets

In related news, Director James G. Morris acquired 7,000 shares of the firm’s stock in a transaction on Friday, October 28th. The stock was bought at an average cost of $7.87 per share, with a total value of $55,090.00. Following the transaction, the director now owns 49,995 shares of the company’s stock, valued at $393,460.65. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders purchased 10,150 shares of company stock valued at $80,374. 2.00% of the stock is owned by company insiders.

About Capitol Federal Financial

(Get Rating)

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 deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.

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Institutional Ownership by Quarter for Capitol Federal Financial (NASDAQ:CFFN)

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