American Century Companies Inc. Lowers Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

American Century Companies Inc. decreased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 19.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 4,797,611 shares of the savings and loans company’s stock after selling 1,162,045 shares during the period. American Century Companies Inc. owned 3.59% of Capitol Federal Financial worth $26,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC raised its holdings in Capitol Federal Financial by 153.7% in the 2nd quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock valued at $53,000 after acquiring an additional 5,848 shares during the last quarter. Wealthstream Advisors Inc. purchased a new stake in shares of Capitol Federal Financial in the second quarter valued at $55,000. EntryPoint Capital LLC acquired a new position in Capitol Federal Financial in the first quarter valued at $62,000. CWM LLC lifted its position in Capitol Federal Financial by 533.2% during the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after buying an additional 9,922 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in Capitol Federal Financial in the 4th quarter worth about $86,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Stock Performance

Shares of NASDAQ:CFFN opened at $5.94 on Thursday. The business has a 50-day moving average of $5.95 and a two-hundred day moving average of $5.56. The firm has a market capitalization of $794.37 million, a PE ratio of -6.28 and a beta of 0.49. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. Capitol Federal Financial, Inc. has a 12 month low of $4.22 and a 12 month high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.04). The business 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. As a group, research analysts forecast that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Friday, August 2nd were given a dividend of $0.085 per share. The ex-dividend date was Thursday, August 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.72%. Capitol Federal Financial’s dividend payout ratio (DPR) is -36.17%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CFFN shares. Keefe, Bruyette & Woods upped their price objective 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. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, 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 report on Thursday, July 25th.

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.