Hennion & Walsh Asset Management Inc. Sells 3,614 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Hennion & Walsh Asset Management Inc. cut its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 8.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,408 shares of the savings and loans company’s stock after selling 3,614 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Capitol Federal Financial were worth $218,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of CFFN. IFS Advisors LLC increased its position in Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after buying an additional 4,216 shares in the last quarter. GAMMA Investing LLC increased 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 valued at $53,000 after acquiring an additional 5,848 shares in the last quarter. Wealthstream Advisors Inc. acquired a new position in shares of Capitol Federal Financial during the second quarter worth approximately $55,000. EntryPoint Capital LLC bought a new position in shares of Capitol Federal Financial in the 1st quarter worth $62,000. Finally, CWM LLC grew 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 purchasing an additional 9,922 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Capitol Federal Financial Stock Down 1.2 %

Capitol Federal Financial stock opened at $6.57 on Wednesday. The firm has a 50 day simple moving average of $5.93 and a 200 day simple moving average of $5.62. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $6.82. The firm has a market capitalization of $878.63 million, a price-to-earnings ratio of -6.99 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $101.65 million during the quarter, compared to analyst estimates of $45.40 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 in the previous year, the business earned $0.04 EPS. On average, analysts predict that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.18%. Capitol Federal Financial’s dividend payout ratio (DPR) is presently -36.17%.

Analysts Set New Price Targets

CFFN has been the topic of several recent research reports. StockNews.com raised shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Piper Sandler raised their target price 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, Keefe, Bruyette & Woods upped their price target 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.

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.