PNC Financial Services Group Inc. Sells 2,649 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

PNC Financial Services Group Inc. trimmed its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 10.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,002 shares of the savings and loans company’s stock after selling 2,649 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Capitol Federal Financial were worth $130,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Capitol Federal Financial by 52.5% during the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company’s stock valued at $6,149,000 after buying an additional 362,291 shares during the last quarter. Barclays PLC raised its stake in shares of Capitol Federal Financial by 71.3% during the 3rd quarter. Barclays PLC now owns 271,769 shares of the savings and loans company’s stock worth $1,587,000 after acquiring an additional 113,106 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in Capitol Federal Financial during the fourth quarter valued at approximately $138,000. Principal Financial Group Inc. boosted its stake in Capitol Federal Financial by 2.9% in the fourth quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company’s stock valued at $3,501,000 after acquiring an additional 16,529 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Capitol Federal Financial by 131.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company’s stock worth $43,000 after purchasing an additional 4,093 shares during the last quarter. Institutional investors own 88.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler decreased their price objective on Capitol Federal Financial from $7.00 to $6.50 and set a “neutral” rating for the company in a report on Thursday, January 30th.

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director Jeffrey M. Johnson purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The shares were bought at an average price of $5.97 per share, for a total transaction of $29,850.00. Following the acquisition, the director now owns 102,900 shares in the company, valued at $614,313. This represents a 5.11 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average price of $5.88 per share, for a total transaction of $58,800.00. Following the acquisition, the executive vice president now owns 191,428 shares in the company, valued at $1,125,596.64. This trade represents a 5.51 % increase in their position. The disclosure for this purchase can be found here. 3.20% of the stock is owned by insiders.

Capitol Federal Financial Stock Performance

CFFN opened at $5.81 on Tuesday. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The company has a market cap of $771.49 million, a P/E ratio of 14.90 and a beta of 0.49. The firm’s 50-day moving average price is $5.86 and its 200-day moving average price is $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, topping analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. As a group, equities 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 disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 87.18%.

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.