Swiss National Bank cut its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 1.1% during the first quarter, HoldingsChannel.com reports. The firm owned 301,300 shares of the savings and loans company’s stock after selling 3,400 shares during the period. Swiss National Bank’s holdings in Capitol Federal Financial were worth $3,991,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Commerce Bank grew its position in Capitol Federal Financial by 7.6% in the first quarter. Commerce Bank now owns 24,902 shares of the savings and loans company’s stock worth $330,000 after acquiring an additional 1,752 shares in the last quarter. CWM Advisors LLC grew its position in Capitol Federal Financial by 33.4% in the first quarter. CWM Advisors LLC now owns 34,240 shares of the savings and loans company’s stock worth $454,000 after acquiring an additional 8,572 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in Capitol Federal Financial in the first quarter worth approximately $248,000. NN Investment Partners Holdings N.V. grew its position in Capitol Federal Financial by 1.3% in the first quarter. NN Investment Partners Holdings N.V. now owns 160,326 shares of the savings and loans company’s stock worth $2,124,000 after acquiring an additional 2,069 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Capitol Federal Financial by 51.5% in the first quarter. Assenagon Asset Management S.A. now owns 356,308 shares of the savings and loans company’s stock worth $4,719,000 after acquiring an additional 121,108 shares in the last quarter. 76.53% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research cut shares of Capitol Federal Financial from a “buy” rating to a “hold” rating in a research note on Wednesday.
In related news, CEO John B. Dicus sold 14,595 shares of the company’s stock in a transaction on Tuesday, June 8th. The shares were sold at an average price of $13.01, for a total transaction of $189,880.95. Following the completion of the transaction, the chief executive officer now directly owns 1,314,595 shares in the company, valued at approximately $17,102,880.95. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.10% of the stock is owned by corporate insiders.
Shares of Capitol Federal Financial stock opened at $12.33 on Friday. The business has a fifty day moving average price of $13.00. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.06 and a quick ratio of 1.06. Capitol Federal Financial, Inc. has a 1-year low of $8.75 and a 1-year high of $14.38. The firm has a market capitalization of $1.71 billion, a PE ratio of 22.02 and a beta of 0.32.
Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings data on Thursday, April 29th. The savings and loans company reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.04. Capitol Federal Financial had a net margin of 25.23% and a return on equity of 6.00%. The business had revenue of $55.55 million during the quarter, compared to analysts’ expectations of $46.92 million. On average, equities research analysts anticipate that Capitol Federal Financial, Inc. will post 0.52 EPS for the current year.
The business also recently announced a None dividend, which will be paid on Friday, June 25th. Investors of record on Friday, June 11th will be paid a dividend of $0.40 per share. This represents a yield of 2.63%. The ex-dividend date is Thursday, June 10th. Capitol Federal Financial’s payout ratio is currently 72.34%.
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 deposit accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.
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