Rafferty Asset Management LLC Buys 101,959 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Rafferty Asset Management LLC grew its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFNFree Report) by 83.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,616 shares of the savings and loans company’s stock after acquiring an additional 101,959 shares during the period. Rafferty Asset Management LLC owned 0.17% of Capitol Federal Financial worth $1,449,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Swiss National Bank increased its holdings in Capitol Federal Financial by 0.9% during the 3rd quarter. Swiss National Bank now owns 284,300 shares of the savings and loans company’s stock worth $1,356,000 after purchasing an additional 2,400 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of Capitol Federal Financial by 10.0% in the third quarter. Gamco Investors INC. ET AL now owns 44,000 shares of the savings and loans company’s stock valued at $210,000 after acquiring an additional 4,000 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Capitol Federal Financial by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,793,378 shares of the savings and loans company’s stock worth $8,554,000 after acquiring an additional 115,083 shares during the period. State of New Jersey Common Pension Fund D grew its holdings in Capitol Federal Financial by 492.0% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 432,996 shares of the savings and loans company’s stock worth $2,065,000 after acquiring an additional 359,858 shares in the last quarter. Finally, Texas Permanent School Fund Corp increased its position in Capitol Federal Financial by 10.3% during the 3rd quarter. Texas Permanent School Fund Corp now owns 106,682 shares of the savings and loans company’s stock valued at $509,000 after purchasing an additional 10,002 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

Capitol Federal Financial Trading Down 0.2 %

NASDAQ:CFFN opened at $5.12 on Tuesday. The stock has a market capitalization of $684.71 million, a price-to-earnings ratio of -5.38 and a beta of 0.50. Capitol Federal Financial, Inc. has a 52 week low of $4.22 and a 52 week high of $6.88. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.29. The firm has a 50 day moving average of $5.19 and a 200 day moving average of $5.70.

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The savings and loans company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 33.99%. The firm had revenue of $45.96 million during the quarter, compared to analyst estimates of $47.23 million. As a group, sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.42 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Stockholders of record on Friday, May 3rd were issued a dividend of $0.085 per share. The ex-dividend date was Thursday, May 2nd. This represents a $0.34 annualized dividend and a dividend yield of 6.64%. Capitol Federal Financial’s dividend payout ratio (DPR) is currently -36.17%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. StockNews.com cut shares of Capitol Federal Financial from a “hold” rating to a “sell” rating in a research report on Friday, May 17th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $6.00 target price (down previously from $7.00) on shares of Capitol Federal Financial in a research report on Thursday, April 25th. Finally, Piper Sandler reduced their price target on Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Thursday, April 25th.

Get Our Latest Analysis on CFFN

Insider Activity at Capitol Federal Financial

In related news, Director Jeffrey M. Johnson bought 10,000 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were bought at an average price of $5.12 per share, with a total value of $51,200.00. Following the transaction, the director now owns 97,900 shares in the company, valued at $501,248. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.20% of the stock is currently owned by insiders.

About Capitol Federal Financial

(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.

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

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