Insider Buying: Capitol Federal Financial, Inc. (NASDAQ:CFFN) EVP Purchases $58,800.00 in Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) EVP Rick C. Jackson purchased 10,000 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were purchased at an average price of $5.88 per share, with a total value of $58,800.00. Following the completion of the acquisition, the executive vice president now directly owns 191,428 shares of the company’s stock, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Capitol Federal Financial Stock Up 0.3 %

NASDAQ CFFN opened at $5.92 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a 50-day simple moving average of $5.89 and a 200 day simple moving average of $6.10. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The stock has a market cap of $786.09 million, a PE ratio of 15.18 and a beta of 0.50.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, research analysts forecast that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 5.74%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 87.18%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CFFN. Smartleaf Asset Management LLC raised its position in Capitol Federal Financial by 131.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock worth $43,000 after purchasing an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new position in Capitol Federal Financial in the fourth quarter worth about $53,000. KBC Group NV raised its position in Capitol Federal Financial by 59.8% in the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after purchasing an additional 3,463 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Capitol Federal Financial in the fourth quarter worth about $60,000. Finally, Wealthstream Advisors Inc. acquired a new position in Capitol Federal Financial in the fourth quarter worth about $63,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

Wall Street Analyst Weigh In

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

About Capitol Federal Financial

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.