California State Teachers Retirement System Sells 8,185 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

California State Teachers Retirement System trimmed its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 6.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,906 shares of the savings and loans company’s stock after selling 8,185 shares during the period. California State Teachers Retirement System owned about 0.10% of Capitol Federal Financial worth $762,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in Capitol Federal Financial by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock worth $12,538,000 after acquiring an additional 150,482 shares during the period. Azora Capital LP purchased a new stake in shares of Capitol Federal Financial during the 4th quarter worth approximately $5,054,000. Assenagon Asset Management S.A. raised its holdings in shares of Capitol Federal Financial by 28.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 419,921 shares of the savings and loans company’s stock worth $2,503,000 after purchasing an additional 92,103 shares during the period. Empowered Funds LLC raised its holdings in shares of Capitol Federal Financial by 8.2% in the 1st quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock worth $2,161,000 after purchasing an additional 27,442 shares during the period. Finally, Panagora Asset Management Inc. purchased a new position in Capitol Federal Financial in the fourth quarter valued at approximately $1,922,000. 88.51% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Jeffrey M. Johnson purchased 10,000 shares of Capitol Federal Financial stock in a transaction dated Thursday, June 6th. The stock was purchased at an average cost of $5.12 per share, for a total transaction of $51,200.00. Following the transaction, the director now directly owns 97,900 shares of the company’s stock, valued at $501,248. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.20% of the company’s stock.

Capitol Federal Financial Price Performance

Capitol Federal Financial stock opened at $5.61 on Thursday. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. Capitol Federal Financial, Inc. has a one year low of $4.22 and a one year high of $6.82. The firm has a market capitalization of $750.24 million, a P/E ratio of -5.97 and a beta of 0.50. The business has a fifty day moving average price of $5.69 and a 200-day moving average price of $5.58.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.04). Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. The company had revenue of $99.70 million during the quarter, compared to the consensus estimate of $47.23 million. During the same quarter in the prior year, the business earned $0.06 EPS. As a group, equities research analysts forecast that Capitol Federal Financial, Inc. will post 0.35 EPS for the current year.

Capitol Federal Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 2nd will be issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date of this dividend is Thursday, August 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CFFN shares. StockNews.com upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Keefe, Bruyette & Woods boosted their price objective on Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a research note on Thursday, July 25th. Finally, Piper Sandler increased their target price on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th.

About Capitol Federal Financial

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.