Russell Investments Group Ltd. acquired a new stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 195,593 shares of the savings and loans company’s stock, valued at approximately $1,692,000. Russell Investments Group Ltd. owned about 0.14% of Capitol Federal Financial as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in CFFN. Goldman Sachs Group Inc. grew its stake in Capitol Federal Financial by 1,009.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,687,460 shares of the savings and loans company’s stock worth $18,359,000 after purchasing an additional 1,535,389 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Capitol Federal Financial by 47.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,075,490 shares of the savings and loans company’s stock worth $17,227,000 after purchasing an additional 666,828 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Capitol Federal Financial by 607.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 440,967 shares of the savings and loans company’s stock worth $4,048,000 after purchasing an additional 378,658 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Capitol Federal Financial by 5.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,632,772 shares of the savings and loans company’s stock worth $72,165,000 after acquiring an additional 367,345 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D bought a new stake in shares of Capitol Federal Financial during the 4th quarter worth approximately $2,436,000. Institutional investors own 74.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on Capitol Federal Financial in a research report on Thursday, March 16th. They set a “sell” rating for the company.
Insider Activity
Capitol Federal Financial Stock Up 2.2 %
Capitol Federal Financial stock opened at $5.94 on Tuesday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.29 and a current ratio of 1.29. The business’s 50-day simple moving average is $6.48 and its two-hundred day simple moving average is $7.69. The company has a market cap of $808.78 million, a PE ratio of 11.21 and a beta of 0.37. Capitol Federal Financial, Inc. has a fifty-two week low of $5.24 and a fifty-two week high of $10.39.
Capitol Federal Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 19th. Stockholders of record on Friday, May 5th were issued a $0.085 dividend. The ex-dividend date of this dividend was Thursday, May 4th. This represents a $0.34 annualized dividend and a dividend yield of 5.72%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 64.15%.
Capitol Federal Financial Profile
Capitol Federal Financial, Inc is a holding company, which operates as a community-oriented financial institution. It offers a variety of financial products and services, including checking and savings account, eBanking, trust and brokerage, and insurance. The company was founded in 1893 and is headquartered in Topeka, KS.
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