Capitol Federal Financial $CFFN Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its holdings in shares of Capitol Federal Financial (NASDAQ:CFFN) by 1.6% during the third quarter, Holdings Channel.com reports. The fund owned 12,248,105 shares of the savings and loans company’s stock after selling 197,693 shares during the period. Vanguard Group Inc. owned about 0.09% of Capitol Federal Financial worth $77,775,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its holdings in Capitol Federal Financial by 72.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 4,926 shares of the savings and loans company’s stock worth $31,000 after purchasing an additional 2,062 shares during the period. Osaic Holdings Inc. increased its position in shares of Capitol Federal Financial by 474.6% in the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company’s stock valued at $35,000 after buying an additional 4,760 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Capitol Federal Financial by 450.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 7,403 shares of the savings and loans company’s stock worth $45,000 after buying an additional 6,058 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Capitol Federal Financial by 180.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company’s stock valued at $52,000 after buying an additional 5,470 shares in the last quarter. Finally, Wealthstream Advisors Inc. purchased a new position in Capitol Federal Financial during the third quarter valued at $65,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods raised their target price on Capitol Federal Financial from $6.50 to $7.50 and gave the company a “market perform” rating in a research report on Thursday, January 29th. Weiss Ratings restated a “hold (c)” rating on shares of Capitol Federal Financial in a research report on Monday, December 29th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $7.25.

Capitol Federal Financial Stock Down 1.9%

Shares of CFFN opened at $7.09 on Friday. The company’s 50-day simple moving average is $7.14 and its 200-day simple moving average is $6.69. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.24 and a current ratio of 1.24. Capitol Federal Financial has a 1 year low of $4.90 and a 1 year high of $7.84. The stock has a market capitalization of $920.57 million, a PE ratio of 12.66 and a beta of 0.68.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, January 28th. The savings and loans company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Capitol Federal Financial had a return on equity of 6.99% and a net margin of 16.98%.The business had revenue of $56.80 million for the quarter, compared to analyst estimates of $56.02 million. Analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Friday, February 6th. This is an increase from Capitol Federal Financial’s previous quarterly dividend of $0.04. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 60.71%.

Capitol Federal Financial Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.