Vanguard Group Inc. Has $86.42 Million Stake in Capitol Federal Financial $CFFN

Vanguard Group Inc. increased its holdings in shares of Capitol Federal Financial (NASDAQ:CFFN) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,690,697 shares of the savings and loans company’s stock after purchasing an additional 442,592 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Capitol Federal Financial worth $86,424,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CFFN. Smartleaf Asset Management LLC boosted its holdings in Capitol Federal Financial by 72.0% during the third quarter. Smartleaf Asset Management LLC now owns 4,926 shares of the savings and loans company’s stock worth $31,000 after purchasing an additional 2,062 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Capitol Federal Financial by 474.6% during the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company’s stock worth $35,000 after purchasing an additional 4,760 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Capitol Federal Financial by 180.5% during the second quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company’s stock worth $52,000 after purchasing an additional 5,470 shares during the last quarter. Strs Ohio acquired a new position in Capitol Federal Financial during the first quarter worth $59,000. Finally, Qube Research & Technologies Ltd acquired a new position in Capitol Federal Financial during the second quarter worth $64,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CFFN. Piper Sandler increased their target price on shares of Capitol Federal Financial from $8.00 to $8.50 and gave the stock a “neutral” rating in a report on Monday, May 4th. Keefe, Bruyette & Woods increased their price target on shares of Capitol Federal Financial from $6.50 to $7.50 and gave the company a “market perform” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings upgraded shares of Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Capitol Federal Financial currently has a consensus rating of “Hold” and an average target price of $8.00.

Capitol Federal Financial Stock Performance

Shares of CFFN stock opened at $7.58 on Thursday. The stock has a market cap of $960.92 million, a P/E ratio of 12.63 and a beta of 0.70. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.21 and a quick ratio of 1.24. The company has a fifty day moving average price of $7.38 and a two-hundred day moving average price of $7.04. Capitol Federal Financial has a one year low of $5.51 and a one year high of $7.97.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The firm had revenue of $57.73 million during the quarter, compared to analyst estimates of $56.97 million. Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%. As a group, equities analysts predict that Capitol Federal Financial will post 0.71 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be given a $0.085 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $0.34 annualized dividend and a dividend yield of 4.5%. Capitol Federal Financial’s dividend payout ratio is presently 56.67%.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.