Schonfeld Strategic Advisors LLC purchased a new position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 14,500 shares of the savings and loans company’s stock, valued at approximately $135,000.
Other large investors have also modified their holdings of the company. Voloridge Investment Management LLC acquired a new stake in Capitol Federal Financial during the 3rd quarter worth $840,000. Trexquant Investment LP acquired a new stake in Capitol Federal Financial during the 3rd quarter worth $141,000. Stifel Financial Corp boosted its stake in Capitol Federal Financial by 16.9% during the 2nd quarter. Stifel Financial Corp now owns 22,850 shares of the savings and loans company’s stock worth $252,000 after purchasing an additional 3,296 shares during the period. Assenagon Asset Management S.A. acquired a new stake in Capitol Federal Financial during the 3rd quarter worth $1,873,000. Finally, Bank of America Corp DE boosted its stake in Capitol Federal Financial by 30.2% during the 2nd quarter. Bank of America Corp DE now owns 209,566 shares of the savings and loans company’s stock worth $2,308,000 after purchasing an additional 48,622 shares during the period. Hedge funds and other institutional investors own 68.94% of the company’s stock.
Shares of NASDAQ CFFN opened at $12.50 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.39. Capitol Federal Financial, Inc. has a 52 week low of $8.75 and a 52 week high of $14.03. The firm has a 50-day moving average price of $12.49 and a 200 day moving average price of $10.86. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 27.17 and a beta of 0.36.
The firm also recently announced a dividend, which was paid on Friday, December 4th. Shareholders of record on Friday, November 20th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, November 19th. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 72.34%.
In other Capitol Federal Financial news, EVP Robert D. Kobbeman sold 2,276 shares of the firm’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $11.38, for a total transaction of $25,900.88. Following the completion of the transaction, the executive vice president now directly owns 37,475 shares in the company, valued at approximately $426,465.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.10% of the company’s stock.
Several research firms have recently commented on CFFN. Piper Sandler raised their target price on shares of Capitol Federal Financial from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, October 29th. Zacks Investment Research cut shares of Capitol Federal Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, September 29th. Finally, TheStreet upgraded shares of Capitol Federal Financial from a “c” rating to a “b-” rating in a research note on Thursday, October 22nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Capitol Federal Financial presently has an average rating of “Hold” and an average target price of $12.33.
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 deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.
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