Thrivent Financial for Lutherans Sells 10,610 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Thrivent Financial for Lutherans reduced its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 225,622 shares of the savings and loans company’s stock after selling 10,610 shares during the quarter. Thrivent Financial for Lutherans owned 0.17% of Capitol Federal Financial worth $1,238,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. WINTON GROUP Ltd raised its holdings in Capitol Federal Financial by 12.6% during the 2nd quarter. WINTON GROUP Ltd now owns 27,172 shares of the savings and loans company’s stock worth $149,000 after buying an additional 3,050 shares during the period. GAMMA Investing LLC raised its holdings in shares of Capitol Federal Financial by 153.7% during the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after acquiring an additional 5,848 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in shares of Capitol Federal Financial by 8.8% during the first quarter. CANADA LIFE ASSURANCE Co now owns 122,310 shares of the savings and loans company’s stock worth $726,000 after acquiring an additional 9,848 shares during the period. CWM LLC lifted its position 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 in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Capitol Federal Financial by 75.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,162 shares of the savings and loans company’s stock worth $127,000 after purchasing an additional 9,976 shares during the period. Institutional investors and hedge funds own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

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

Capitol Federal Financial Trading Up 0.9 %

Capitol Federal Financial stock opened at $5.61 on Friday. The company has a market cap of $750.24 million, a price-to-earnings ratio of -5.96 and a beta of 0.49. The firm has a 50-day moving average of $5.86 and a 200-day moving average of $5.56. 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 one year low of $4.22 and a one year high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last issued 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 company had revenue of $99.70 million for the quarter, compared to analyst estimates 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 period last year, the company posted $0.06 earnings per share. On average, equities analysts expect that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Friday, August 2nd were issued 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 6.06%. Capitol Federal Financial’s payout ratio is -36.17%.

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.