Capitol Federal Financial, Inc. (NASDAQ:CFFN) Position Increased by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 31.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 74,950 shares of the savings and loans company’s stock after buying an additional 17,854 shares during the quarter. Wells Fargo & Company MN’s holdings in Capitol Federal Financial were worth $443,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Geode Capital Management LLC raised its holdings in Capitol Federal Financial by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 2,860,278 shares of the savings and loans company’s stock worth $16,909,000 after buying an additional 15,578 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Capitol Federal Financial by 28.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company’s stock valued at $10,376,000 after acquiring an additional 387,045 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Capitol Federal Financial by 24.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,306,936 shares of the savings and loans company’s stock valued at $7,724,000 after acquiring an additional 253,987 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Capitol Federal Financial by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company’s stock worth $3,501,000 after purchasing an additional 16,529 shares during the period. Finally, Trexquant Investment LP boosted its stake in Capitol Federal Financial by 13.3% in the 4th quarter. Trexquant Investment LP now owns 383,892 shares of the savings and loans company’s stock worth $2,269,000 after purchasing an additional 45,084 shares during the period. Institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lowered their price target on shares of Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Thursday, January 30th.

Insider Buying and Selling

In other news, Director James G. Morris acquired 15,000 shares of Capitol Federal Financial stock in a transaction on Wednesday, March 26th. The shares were purchased at an average price of $5.66 per share, with a total value of $84,900.00. Following the acquisition, the director now owns 100,995 shares in the company, valued at $571,631.70. This represents a 17.44 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Rick C. Jackson acquired 10,000 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average price of $5.88 per share, with a total value of $58,800.00. Following the completion of the transaction, the executive vice president now owns 191,428 shares of the company’s stock, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 55,000 shares of company stock worth $311,200 in the last 90 days. 3.20% of the stock is owned by company insiders.

Capitol Federal Financial Stock Performance

Shares of CFFN opened at $5.79 on Monday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. Capitol Federal Financial, Inc. has a one year low of $4.90 and a one year high of $7.20. The company’s fifty day moving average price is $5.57 and its 200 day moving average price is $6.01. The company has a market capitalization of $768.83 million, a PE ratio of 14.85 and a beta of 0.52.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. The business had revenue of $48.79 million for the quarter, compared to analyst estimates of $47.81 million. As a group, analysts expect that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, May 2nd will be issued a $0.085 dividend. The ex-dividend date is Friday, May 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.87%. Capitol Federal Financial’s payout ratio is presently 85.00%.

Capitol Federal Financial Profile

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.