Northern Trust Corp grew its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 9.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,735,002 shares of the savings and loans company’s stock after purchasing an additional 143,287 shares during the period. Northern Trust Corp owned about 1.25% of Capitol Federal Financial worth $22,832,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of CFFN. Guggenheim Capital LLC purchased a new position in shares of Capitol Federal Financial in the 1st quarter worth approximately $126,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Capitol Federal Financial by 2,713.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,604 shares of the savings and loans company’s stock worth $156,000 after buying an additional 12,156 shares during the last quarter. Vident Investment Advisory LLC purchased a new position in shares of Capitol Federal Financial in the 2nd quarter worth approximately $159,000. V Wealth Management LLC purchased a new position in shares of Capitol Federal Financial in the 2nd quarter worth approximately $216,000. Finally, Verition Fund Management LLC boosted its stake in shares of Capitol Federal Financial by 63.1% in the 1st quarter. Verition Fund Management LLC now owns 19,233 shares of the savings and loans company’s stock worth $238,000 after buying an additional 7,442 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.
In other Capitol Federal Financial news, Director Michel Philipp Cole bought 3,750 shares of the business’s stock in a transaction dated Wednesday, August 1st. The shares were purchased at an average price of $13.06 per share, for a total transaction of $48,975.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 4,614 shares of company stock worth $60,360 in the last 90 days. Company insiders own 2.20% of the company’s stock.
Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Friday, October 26th. The savings and loans company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Capitol Federal Financial had a return on equity of 6.76% and a net margin of 28.76%. The business had revenue of $55.90 million during the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 16th. Stockholders of record on Friday, November 2nd will be paid a $0.085 dividend. The ex-dividend date of this dividend is Thursday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.77%.
Separately, BidaskClub upgraded Capitol Federal Financial from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 10th.
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 comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.
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