T. Rowe Price Investment Management Inc. Has $38.99 Million Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

T. Rowe Price Investment Management Inc. trimmed its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,597,588 shares of the savings and loans company’s stock after selling 114,448 shares during the quarter. T. Rowe Price Investment Management Inc. owned about 4.97% of Capitol Federal Financial worth $38,992,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CFFN. Dimensional Fund Advisors LP boosted its holdings in shares of Capitol Federal Financial by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,721,291 shares of the savings and loans company’s stock worth $33,813,000 after buying an additional 47,436 shares during the period. Renaissance Technologies LLC boosted its holdings in Capitol Federal Financial by 3.2% during the fourth quarter. Renaissance Technologies LLC now owns 4,734,897 shares of the savings and loans company’s stock valued at $27,983,000 after acquiring an additional 148,118 shares during the period. Geode Capital Management LLC grew its position in shares of Capitol Federal Financial by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 2,860,278 shares of the savings and loans company’s stock valued at $16,909,000 after purchasing an additional 15,578 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Capitol Federal Financial by 28.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company’s stock worth $10,376,000 after purchasing an additional 387,045 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Capitol Federal Financial by 118.7% during the 4th quarter. Invesco Ltd. now owns 1,599,047 shares of the savings and loans company’s stock worth $9,450,000 after purchasing an additional 867,870 shares during the last quarter. 88.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Capitol Federal Financial news, Director James G. Morris purchased 15,000 shares of the business’s stock in a transaction on Wednesday, March 26th. The stock was purchased at an average price of $5.66 per share, for a total transaction of $84,900.00. Following the completion of the purchase, the director now directly owns 100,995 shares in the company, valued at approximately $571,631.70. This trade represents a 17.44 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey M. Johnson acquired 20,000 shares of the stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $5.56 per share, for a total transaction of $111,200.00. Following the completion of the purchase, the director now owns 132,900 shares in the company, valued at approximately $738,924. This trade represents a 17.71 % increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 60,000 shares of company stock valued at $341,050 over the last ninety days. 3.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

Capitol Federal Financial Price Performance

Shares of Capitol Federal Financial stock opened at $5.70 on Friday. The firm has a fifty day moving average price of $5.59 and a two-hundred day moving average price of $6.02. Capitol Federal Financial, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $7.20. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. The company has a market cap of $756.88 million, a PE ratio of 14.62 and a beta of 0.52.

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

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, May 2nd will be paid 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 5.96%. Capitol Federal Financial’s payout ratio is 85.00%.

Capitol Federal Financial Company 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.