Louisiana State Employees Retirement System Lowers Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Louisiana State Employees Retirement System trimmed its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 5.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 59,000 shares of the savings and loans company’s stock after selling 3,100 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Capitol Federal Financial were worth $345,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CFFN. IFS Advisors LLC lifted its stake in Capitol Federal Financial by 1,865.5% during the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock worth $26,000 after purchasing an additional 4,216 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Capitol Federal Financial by 153.7% in the second 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 in the last quarter. Wealthstream Advisors Inc. acquired a new stake in shares of Capitol Federal Financial in the second quarter valued at $55,000. EntryPoint Capital LLC acquired a new stake in Capitol Federal Financial in the first quarter valued at $62,000. Finally, CWM LLC raised its stake in Capitol Federal Financial by 533.2% in the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after buying an additional 9,922 shares in the last quarter. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on CFFN shares. Keefe, Bruyette & Woods raised their price objective on Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Thursday, July 25th. Piper Sandler lifted their price objective on Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Finally, StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th.

Capitol Federal Financial Trading Up 11.3 %

Shares of Capitol Federal Financial stock opened at $7.18 on Thursday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.34. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20. The company has a market capitalization of $953.07 million, a P/E ratio of 24.76 and a beta of 0.47. The business has a 50 day moving average price of $5.98 and a 200 day moving average price of $5.67.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $101.65 million during the quarter, compared to analysts’ expectations of $45.40 million. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. During the same period in the previous year, the company earned $0.04 EPS. Sell-side analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be paid a $0.085 dividend. The ex-dividend date is Friday, November 1st. This represents a $0.34 annualized dividend and a yield of 4.74%. Capitol Federal Financial’s payout ratio is currently 117.25%.

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.