Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 5.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 608,977 shares of the savings and loans company’s stock after selling 36,424 shares during the quarter. Principal Financial Group Inc. owned 0.46% of Capitol Federal Financial worth $3,343,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Capitol Federal Financial by 153.7% during the 2nd quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after purchasing an additional 5,848 shares during the period. EntryPoint Capital LLC acquired a new stake in Capitol Federal Financial in the 1st quarter valued at $62,000. CWM LLC grew its stake in Capitol Federal Financial by 533.2% in the 2nd quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after acquiring an additional 9,922 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new stake in Capitol Federal Financial in the 4th quarter valued at $86,000. Finally, Olympiad Research LP acquired a new stake in Capitol Federal Financial in the 4th quarter valued at $109,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

Capitol Federal Financial Trading Down 0.5 %

Shares of CFFN stock opened at $5.69 on Thursday. The stock’s fifty day moving average is $5.91 and its two-hundred day moving average is $5.56. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $760.94 million, a P/E ratio of -6.05 and a beta of 0.49. Capitol Federal Financial, Inc. has a fifty-two week low of $4.22 and a fifty-two week high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The firm had revenue of $99.70 million during the quarter, compared to analysts’ expectations of $47.23 million. Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. During the same quarter in the previous year, the business posted $0.06 EPS. Research analysts expect that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were issued a $0.085 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.98%. Capitol Federal Financial’s payout ratio is currently -36.17%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Piper Sandler lifted their price target on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a research note on Thursday, July 25th.

Capitol Federal Financial Company Profile

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.