Principal Financial Group Inc. Sells 36,737 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Principal Financial Group Inc. lessened its position in Capitol Federal Financial, Inc. (NASDAQ:CFFNFree Report) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 682,830 shares of the savings and loans company’s stock after selling 36,737 shares during the quarter. Principal Financial Group Inc. owned 0.50% of Capitol Federal Financial worth $3,257,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. increased its stake in Capitol Federal Financial by 1.0% in the third quarter. BlackRock Inc. now owns 20,405,169 shares of the savings and loans company’s stock valued at $169,364,000 after acquiring an additional 208,649 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Capitol Federal Financial by 0.5% during the third quarter. Vanguard Group Inc. now owns 15,526,985 shares of the savings and loans company’s stock valued at $128,874,000 after buying an additional 76,027 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Capitol Federal Financial by 9.2% during the first quarter. Dimensional Fund Advisors LP now owns 7,743,317 shares of the savings and loans company’s stock valued at $52,113,000 after buying an additional 654,200 shares during the last quarter. State Street Corp grew its stake in shares of Capitol Federal Financial by 3.3% during the second quarter. State Street Corp now owns 6,545,003 shares of the savings and loans company’s stock valued at $40,383,000 after buying an additional 206,098 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Capitol Federal Financial by 3.3% during the first quarter. Renaissance Technologies LLC now owns 4,646,076 shares of the savings and loans company’s stock valued at $31,268,000 after buying an additional 149,700 shares during the last quarter. Institutional investors own 78.25% of the company’s stock.

Capitol Federal Financial Stock Performance

Capitol Federal Financial stock opened at $5.92 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.35 and a debt-to-equity ratio of 2.29. The firm has a 50-day moving average of $6.18 and a 200-day moving average of $5.68. The firm has a market cap of $799.08 million, a P/E ratio of -6.30 and a beta of 0.45. Capitol Federal Financial, Inc. has a 1-year low of $4.22 and a 1-year high of $8.61.

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) last posted its earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.04. The company had revenue of $82.80 million during the quarter, compared to analyst estimates of $40.45 million. Capitol Federal Financial had a negative net margin of 34.17% and a positive return on equity of 3.85%. During the same period in the prior year, the business posted $0.12 earnings per share. Sell-side analysts expect that Capitol Federal Financial, Inc. will post 0.44 EPS for the current year.

Capitol Federal Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, February 2nd will be issued a $0.085 dividend. The ex-dividend date of this dividend is Thursday, February 1st. This represents a $0.34 annualized dividend and a yield of 5.74%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CFFN shares. TheStreet cut Capitol Federal Financial from a “c” rating to a “d+” rating in a research note on Monday, October 16th. Piper Sandler reduced their price objective on Capitol Federal Financial from $5.50 to $5.00 and set a “neutral” rating on the stock in a research note on Thursday, October 26th. Finally, StockNews.com raised Capitol Federal Financial to a “sell” rating in a research note on Tuesday, January 23rd.

Read Our Latest Stock Report on CFFN

Capitol Federal Financial Company Profile

(Free Report)

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.

Further Reading

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

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