Y Intercept Hong Kong Ltd Purchases Shares of 29,160 Capitol Federal Financial $CFFN

Y Intercept Hong Kong Ltd acquired a new position in shares of Capitol Federal Financial (NASDAQ:CFFN) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 29,160 shares of the savings and loans company’s stock, valued at approximately $178,000.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in Capitol Federal Financial by 2.7% in the first quarter. Principal Financial Group Inc. now owns 608,535 shares of the savings and loans company’s stock worth $3,408,000 after acquiring an additional 16,204 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Capitol Federal Financial by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 1,270,978 shares of the savings and loans company’s stock valued at $7,117,000 after purchasing an additional 37,521 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Capitol Federal Financial by 52.0% in the 1st quarter. Cerity Partners LLC now owns 53,248 shares of the savings and loans company’s stock valued at $298,000 after purchasing an additional 18,219 shares in the last quarter. CWM LLC lifted its position in shares of Capitol Federal Financial by 18.6% during the 1st quarter. CWM LLC now owns 54,098 shares of the savings and loans company’s stock worth $303,000 after purchasing an additional 8,477 shares during the last quarter. Finally, Foundry Partners LLC grew its stake in shares of Capitol Federal Financial by 114.3% during the first quarter. Foundry Partners LLC now owns 734,510 shares of the savings and loans company’s stock worth $4,113,000 after purchasing an additional 391,710 shares in the last quarter. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capitol Federal Financial

In other Capitol Federal Financial news, EVP Rick C. Jackson bought 8,000 shares of the stock in a transaction dated Friday, October 31st. The shares were acquired at an average cost of $6.05 per share, for a total transaction of $48,400.00. Following the completion of the transaction, the executive vice president owned 156,752 shares in the company, valued at approximately $948,349.60. The trade was a 5.38% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CFFN shares. Zacks Research upgraded Capitol Federal Financial to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings upgraded Capitol Federal Financial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Finally, Piper Sandler initiated coverage on Capitol Federal Financial in a research report on Wednesday, October 22nd. They set a “neutral” rating and a $7.00 target price on the stock. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $7.00.

Capitol Federal Financial Price Performance

Shares of CFFN opened at $6.20 on Monday. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.26 and a quick ratio of 1.27. Capitol Federal Financial has a 1-year low of $4.90 and a 1-year high of $7.16. The stock has a market cap of $823.50 million, a PE ratio of 11.92 and a beta of 0.72. The firm has a fifty day moving average price of $6.32 and a 200 day moving average price of $6.09.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, October 29th. The savings and loans company reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. Capitol Federal Financial had a return on equity of 6.54% and a net margin of 16.19%.The business had revenue of $54.57 million for the quarter, compared to analysts’ expectations of $53.46 million. During the same quarter in the previous year, the firm earned $0.09 earnings per share. As a group, sell-side analysts anticipate that Capitol Federal Financial will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, November 7th will be paid a $0.085 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.34 dividend on an annualized basis and a yield of 5.5%. Capitol Federal Financial’s payout ratio is currently 65.38%.

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.