Zurcher Kantonalbank Zurich Cantonalbank Has $120,000 Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Zurcher Kantonalbank Zurich Cantonalbank lowered its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 28.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,573 shares of the savings and loans company’s stock after selling 7,347 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Capitol Federal Financial were worth $120,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CFFN. State of New Jersey Common Pension Fund D lifted its holdings in shares of Capitol Federal Financial by 492.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 432,996 shares of the savings and loans company’s stock worth $2,065,000 after purchasing an additional 359,858 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Capitol Federal Financial by 770.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 279,333 shares of the savings and loans company’s stock valued at $1,332,000 after acquiring an additional 247,248 shares in the last quarter. Caxton Associates LP purchased a new position in Capitol Federal Financial during the 3rd quarter worth $1,158,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Capitol Federal Financial by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,793,378 shares of the savings and loans company’s stock valued at $8,554,000 after acquiring an additional 115,083 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. purchased a new stake in shares of Capitol Federal Financial during the fourth quarter valued at approximately $579,000. Institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Price Performance

NASDAQ CFFN opened at $5.11 on Friday. The company has a market cap of $683.38 million, a PE ratio of -5.44 and a beta of 0.47. The company has a quick ratio of 1.37, a current ratio of 1.34 and a debt-to-equity ratio of 2.29. The firm’s 50-day simple moving average is $5.45 and its two-hundred day simple moving average is $5.69. Capitol Federal Financial, Inc. has a 52 week low of $4.22 and a 52 week high of $6.88.

Capitol Federal Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 3rd will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $0.34 dividend on an annualized basis and a yield of 6.65%. Capitol Federal Financial’s payout ratio is -36.17%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on CFFN shares. StockNews.com raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Thursday. Piper Sandler reduced their target price on shares of Capitol Federal Financial from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Thursday, April 25th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $6.00 price target (down previously from $7.00) on shares of Capitol Federal Financial in a report on Thursday, April 25th.

Insiders Place Their Bets

In related news, EVP Rick C. Jackson acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were acquired at an average price of $5.68 per share, with a total value of $56,800.00. Following the acquisition, the executive vice president now owns 181,428 shares of the company’s stock, valued at approximately $1,030,511.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Capitol Federal Financial news, Director Morris J. Huey II acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were bought at an average price of $5.70 per share, for a total transaction of $28,500.00. Following the completion of the transaction, the director now owns 271,000 shares of the company’s stock, valued at approximately $1,544,700. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Rick C. Jackson bought 10,000 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was acquired at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the purchase, the executive vice president now directly owns 181,428 shares in the company, valued at $1,030,511.04. The disclosure for this purchase can be found here. Insiders have purchased a total of 21,990 shares of company stock worth $125,141 over the last 90 days. Corporate insiders own 2.20% of the company’s stock.

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.