Vanguard Group Inc. Purchases 442,592 Shares of Capitol Federal Financial $CFFN

Vanguard Group Inc. raised its position in Capitol Federal Financial (NASDAQ:CFFN) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,690,697 shares of the savings and loans company’s stock after purchasing an additional 442,592 shares during the period. Vanguard Group Inc. owned approximately 9.66% of Capitol Federal Financial worth $86,424,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Capitol Federal Financial by 2.8% in the third quarter. Dimensional Fund Advisors LP now owns 6,647,265 shares of the savings and loans company’s stock valued at $42,210,000 after purchasing an additional 180,638 shares in the last quarter. American Century Companies Inc. increased its stake in Capitol Federal Financial by 7.7% in the third quarter. American Century Companies Inc. now owns 3,492,927 shares of the savings and loans company’s stock valued at $22,180,000 after purchasing an additional 249,231 shares in the last quarter. Invesco Ltd. increased its stake in Capitol Federal Financial by 4.8% in the third quarter. Invesco Ltd. now owns 2,421,712 shares of the savings and loans company’s stock valued at $15,378,000 after purchasing an additional 110,022 shares in the last quarter. AQR Capital Management LLC increased its stake in Capitol Federal Financial by 39.8% in the second quarter. AQR Capital Management LLC now owns 2,418,765 shares of the savings and loans company’s stock valued at $14,754,000 after purchasing an additional 688,130 shares in the last quarter. Finally, Millennium Management LLC increased its stake in Capitol Federal Financial by 384.4% in the third quarter. Millennium Management LLC now owns 1,122,725 shares of the savings and loans company’s stock valued at $7,129,000 after purchasing an additional 890,959 shares in the last quarter. Institutional investors own 88.51% of the company’s stock.

Wall Street Analyst Weigh In

CFFN has been the subject of several recent analyst reports. Weiss Ratings raised shares of Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Piper Sandler upped their price target on shares of Capitol Federal Financial from $8.00 to $8.50 and gave the company a “neutral” rating in a report on Monday, May 4th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Capitol Federal Financial from $6.50 to $7.50 and gave the company a “market perform” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $8.00.

Capitol Federal Financial Stock Down 1.3%

Capitol Federal Financial stock opened at $7.58 on Thursday. The stock has a market capitalization of $960.92 million, a PE ratio of 12.63 and a beta of 0.70. Capitol Federal Financial has a twelve month low of $5.51 and a twelve month high of $7.97. The company has a quick ratio of 1.24, a current ratio of 1.21 and a debt-to-equity ratio of 1.66. The company has a 50 day moving average of $7.38 and a 200-day moving average of $7.04.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The company had revenue of $57.73 million during the quarter, compared to analyst estimates of $56.97 million. Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%. On average, equities research analysts anticipate that Capitol Federal Financial will post 0.71 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be issued a dividend of $0.085 per share. The ex-dividend date is Friday, May 1st. This represents a $0.34 annualized dividend and a yield of 4.5%. Capitol Federal Financial’s dividend payout ratio is presently 56.67%.

About Capitol Federal Financial

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.