James G. Morris Acquires 15,000 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director James G. Morris bought 15,000 shares of the company’s stock in a transaction on Wednesday, March 26th. The shares were acquired at an average price of $5.66 per share, with a total value of $84,900.00. Following the transaction, the director now directly owns 100,995 shares of the company’s stock, valued at approximately $571,631.70. This trade represents a 17.44 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Capitol Federal Financial Price Performance

Shares of CFFN stock opened at $5.69 on Friday. The company’s 50-day simple moving average is $5.86 and its two-hundred day simple moving average is $6.09. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.30 and a quick ratio of 1.30. Capitol Federal Financial, Inc. has a one year low of $4.76 and a one year high of $7.20. The company has a market capitalization of $755.55 million, a P/E ratio of 14.59 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 87.18%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC raised its holdings in shares of Capitol Federal Financial by 131.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock valued at $43,000 after purchasing an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. bought a new position in Capitol Federal Financial in the fourth quarter worth approximately $53,000. O Shaughnessy Asset Management LLC purchased a new stake in Capitol Federal Financial during the fourth quarter worth $60,000. Wealthstream Advisors Inc. bought a new stake in Capitol Federal Financial during the 4th quarter valued at $63,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of Capitol Federal Financial in the 3rd quarter valued at $66,000. 88.51% of the stock is currently owned by institutional investors.

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.