Capitol Federal Financial, Inc. Director Invests $29,850 in Company Shares

Capitol Federal Financial, Inc. (NASDAQ:CFFN) Director Jeffrey M. Johnson has recently made a significant investment in the company by purchasing 5,000 shares of its stock on January 31st. The acquisition occurred at an average price of $5.97 per share, culminating in a total expenditure of $29,850. Following this purchase, Johnson now holds 102,900 shares in Capitol Federal Financial, reflecting a total value of approximately $614,313. This transaction marks a 5.11% increase in Johnson's ownership stake. The details of this investment were disclosed in a document filed with the Securities and Exchange Commission (SEC), available for public viewing.

Capitol Federal Financial Stock Performance

During trading on Monday, shares of NASDAQ:CFFN declined by $0.01, reaching a price of $5.94. A total of 679,400 shares changed hands, which is slightly lower than the average trading volume of 764,594 shares. The current market capitalization of Capitol Federal Financial stands at $788.65 million, with a price-to-earnings (PE) ratio of 15.23 and a beta of 0.50. Investors can note that the 50-day and 200-day simple moving averages both sit at $6.11. In terms of liquidity, the company exhibits a quick ratio of 1.31 and a current ratio of 1.30, alongside a debt-to-equity ratio of 2.11. Over the past year, Capitol Federal Financial's stock has seen a low of $4.76 and a high of $7.20.

On January 29th, Capitol Federal Financial released its latest quarterly earnings report. The company reported earnings of $0.12 per share, surpassing the consensus estimate of $0.11 by a penny. The return on equity for the company was reported at 4.96%, and the net profit margin stands at 12.67%. Analysts expect Capitol Federal Financial to post earnings of $0.46 per share for the current fiscal year.

Dividend Declaration by Capitol Federal Financial

Furthermore, Capitol Federal Financial has announced a quarterly dividend, which is scheduled to be issued on February 21st. Shareholders who are on record as of February 7th will receive a dividend of $0.085 per share. The ex-dividend date is also set for February 7th. This results in an annualized dividend of $0.34, translating to a dividend yield of 5.72%. Currently, the company's dividend payout ratio is reported to be 87.18%.

Recent Analyst Ratings

In other news, Piper Sandler has lowered its target price for Capitol Federal Financial from $7.00 to $6.50 and has assigned a "neutral" rating to the stock, as reported in their research on Thursday.

Institutional Investor Activity

A number of institutional investors have adjusted their holdings in Capitol Federal Financial recently. During the third quarter, IFS Advisors LLC significantly increased its stake in the company by 1,865.5%, acquiring 4,442 shares valued at around $26,000 after purchasing an additional 4,216 shares. Endeavor Private Wealth Inc. also established a new position in the firm during the fourth quarter, amounting to about $53,000. In addition, KBC Group NV raised its holdings by 59.8% in the third quarter with possession of 9,256 shares worth approximately $54,000. Other investors, including Point72 DIFC Ltd and EP Wealth Advisors LLC, also acquired new positions in Capitol Federal Financial. Collectively, institutional investors and hedge funds own a substantial 88.51% of the company's shares.

Capitol Federal Financial Company Overview

Capitol Federal Financial, Inc. serves as the parent company for Capitol Federal Savings Bank, offering a diverse array of retail banking products and services in the United States. The financial institution accepts various deposit accounts, including savings accounts, money market accounts, and certificates of deposit.

Conclusion

As Capitol Federal Financial continues its operations, the recent investments by its director and ongoing activities by institutional investors highlight the potential interest in the firm. Investors are encouraged to keep an eye on developments regarding Capitol Federal Financial, including its stock performance and upcoming earnings announcements.

Capitol, Investment, Stock