Connor Clark & Lunn Investment Management Ltd. Has $1.20 Million Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 511.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 203,065 shares of the savings and loans company’s stock after purchasing an additional 169,850 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.15% of Capitol Federal Financial worth $1,200,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. KBC Group NV grew its holdings in shares of Capitol Federal Financial by 59.8% during the 3rd quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock valued at $54,000 after acquiring an additional 3,463 shares in the last quarter. LMR Partners LLP purchased a new position in Capitol Federal Financial in the third quarter valued at about $124,000. Intech Investment Management LLC increased its position in Capitol Federal Financial by 70.0% in the 3rd quarter. Intech Investment Management LLC now owns 62,769 shares of the savings and loans company’s stock worth $367,000 after purchasing an additional 25,848 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Capitol Federal Financial by 99.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 130,005 shares of the savings and loans company’s stock valued at $759,000 after buying an additional 64,690 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Capitol Federal Financial by 14.6% during the 3rd quarter. Captrust Financial Advisors now owns 53,897 shares of the savings and loans company’s stock valued at $315,000 after buying an additional 6,869 shares during the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Analyst Ratings Changes

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

Capitol Federal Financial Stock Performance

Shares of NASDAQ CFFN opened at $5.77 on Thursday. The business’s 50-day simple moving average is $5.85 and its 200-day simple moving average is $6.09. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30. Capitol Federal Financial, Inc. has a 52 week low of $4.76 and a 52 week high of $7.20. The firm has a market cap of $766.18 million, a price-to-earnings ratio of 14.80 and a beta of 0.49.

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

Capitol Federal Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is 87.18%.

Insider Activity

In other Capitol Federal Financial news, EVP Rick C. Jackson acquired 10,000 shares of Capitol Federal Financial stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of $5.88 per share, with a total value of $58,800.00. Following the completion of the transaction, the executive vice president now owns 191,428 shares of the company’s stock, valued at $1,125,596.64. The trade was a 5.51 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey M. Johnson bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were bought at an average cost of $5.97 per share, for a total transaction of $29,850.00. Following the transaction, the director now directly owns 102,900 shares of the company’s stock, valued at $614,313. This trade represents a 5.11 % increase in their position. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by company insiders.

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.