Savant Capital LLC Cuts Stock Holdings in Capitol Federal Financial $CFFN

Savant Capital LLC cut its stake in Capitol Federal Financial (NASDAQ:CFFN) by 17.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,800 shares of the savings and loans company’s stock after selling 8,472 shares during the period. Savant Capital LLC’s holdings in Capitol Federal Financial were worth $249,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its position in 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 increased its stake in shares of Capitol Federal Financial by 52.0% during the first quarter. Cerity Partners LLC now owns 53,248 shares of the savings and loans company’s stock worth $298,000 after buying an additional 18,219 shares during the period. CWM LLC raised its holdings in Capitol Federal Financial by 18.6% in the first quarter. CWM LLC now owns 54,098 shares of the savings and loans company’s stock valued at $303,000 after acquiring an additional 8,477 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Capitol Federal Financial in the first quarter worth approximately $601,000. Finally, Caliber Wealth Management LLC KS purchased a new position in Capitol Federal Financial in the first quarter worth approximately $312,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Capitol Federal Financial in a research report on Thursday, November 13th. Zacks Research upgraded shares of Capitol Federal Financial to a “hold” rating in a research note on Tuesday, November 4th. Finally, Piper Sandler started coverage on Capitol Federal Financial in a research note on Wednesday, October 22nd. They issued a “neutral” rating and a $7.00 price target on the stock. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.00.

Insider Activity

In other news, EVP Rick C. Jackson purchased 8,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average price of $6.05 per share, for a total transaction of $48,400.00. Following the purchase, the executive vice president directly owned 156,752 shares of the company’s stock, valued at $948,349.60. This represents a 5.38% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 3.20% of the stock is currently owned by company insiders.

Capitol Federal Financial Stock Down 0.3%

Shares of NASDAQ:CFFN opened at $6.13 on Thursday. The firm has a 50 day simple moving average of $6.29 and a 200-day simple moving average of $6.12. Capitol Federal Financial has a twelve month low of $4.90 and a twelve month high of $7.09. The company has a current ratio of 1.26, a quick ratio of 1.27 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $814.20 million, a PE ratio of 11.79 and a beta of 0.72.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, October 29th. The savings and loans company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. Capitol Federal Financial had a net margin of 16.19% and a return on equity of 6.54%. The firm had revenue of $54.57 million for the quarter, compared to analyst estimates of $53.46 million. During the same period last year, the business earned $0.09 EPS. On average, equities analysts predict that Capitol Federal Financial will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, November 7th will be issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Friday, November 7th. Capitol Federal Financial’s payout ratio is presently 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.