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

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

Capitol Federal Financial Stock Up 1.9 %

Shares of NASDAQ:CFFN traded up $0.11 during midday trading on Thursday, hitting $5.76. 136,623 shares of the company’s stock were exchanged, compared to its average volume of 732,290. The company has a market cap of $764.18 million, a PE ratio of 14.76 and a beta of 0.49. 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 12 month low of $4.76 and a 12 month high of $7.20. The stock has a 50 day moving average price of $5.86 and a 200-day moving average price of $6.09.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is 87.18%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC increased its position in Capitol Federal Financial by 131.9% during 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 during the period. Endeavor Private Wealth Inc. purchased a new position in shares of Capitol Federal Financial in the fourth quarter worth $53,000. O Shaughnessy Asset Management LLC acquired a new position in shares of Capitol Federal Financial in the fourth quarter valued at about $60,000. Wealthstream Advisors Inc. acquired a new stake in shares of Capitol Federal Financial in the fourth quarter worth $63,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Capitol Federal Financial during the 3rd quarter worth about $66,000. Institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reduced their price target on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, January 30th.

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.