California Public Employees Retirement System Reduces Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

California Public Employees Retirement System cut its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 15.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,600 shares of the savings and loans company’s stock after selling 40,600 shares during the period. California Public Employees Retirement System owned about 0.17% of Capitol Federal Financial worth $3,257,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in CFFN. AQR Capital Management LLC raised its position in Capitol Federal Financial by 0.3% in the fourth quarter. AQR Capital Management LLC now owns 41,472 shares of the savings and loans company’s stock worth $683,000 after buying an additional 144 shares during the last quarter. Guggenheim Capital LLC raised its position in Capitol Federal Financial by 3.0% in the fourth quarter. Guggenheim Capital LLC now owns 14,930 shares of the savings and loans company’s stock worth $246,000 after buying an additional 432 shares during the last quarter. SG Americas Securities LLC raised its position in Capitol Federal Financial by 44.2% in the first quarter. SG Americas Securities LLC now owns 16,088 shares of the savings and loans company’s stock worth $235,000 after buying an additional 4,931 shares during the last quarter. American International Group Inc. raised its position in Capitol Federal Financial by 7.0% in the first quarter. American International Group Inc. now owns 78,448 shares of the savings and loans company’s stock worth $1,148,000 after buying an additional 5,099 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in Capitol Federal Financial by 9.1% in the first quarter. Victory Capital Management Inc. now owns 66,106 shares of the savings and loans company’s stock worth $967,000 after buying an additional 5,501 shares during the last quarter. 75.64% of the stock is owned by institutional investors.

Capitol Federal Financial, Inc. (CFFN) traded down 0.65% during trading on Tuesday, hitting $13.67. The stock had a trading volume of 262,429 shares. Capitol Federal Financial, Inc. has a 12 month low of $13.44 and a 12 month high of $17.04. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 21.73 and a beta of 0.45. The firm has a 50 day moving average of $14.01 and a 200-day moving average of $14.46.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.16. The business had revenue of $54.82 million for the quarter, compared to the consensus estimate of $54.30 million. Capitol Federal Financial had a net margin of 25.51% and a return on equity of 6.12%. During the same quarter in the previous year, the firm earned $0.15 earnings per share. Equities analysts predict that Capitol Federal Financial, Inc. will post $0.64 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Friday, August 4th will be issued a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Wednesday, August 2nd. Capitol Federal Financial’s payout ratio is 53.97%.

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CFFN has been the topic of a number of research analyst reports. BidaskClub upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Zacks Investment Research downgraded Capitol Federal Financial from a “buy” rating to a “hold” rating in a report on Monday, June 19th.

In other news, insider Carlton A. Ricketts bought 4,525 shares of the stock in a transaction dated Tuesday, August 8th. The shares were acquired at an average price of $14.04 per share, with a total value of $63,531.00. Following the completion of the acquisition, the insider now directly owns 53,545 shares in the company, valued at $751,771.80. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Natalie G. Haag bought 2,200 shares of the stock in a transaction dated Monday, August 14th. The stock was purchased at an average cost of $13.66 per share, for a total transaction of $30,052.00. Following the acquisition, the insider now owns 49,959 shares of the company’s stock, valued at $682,439.94. The disclosure for this purchase can be found here. 2.50% of the stock is owned by insiders.

About Capitol Federal Financial

Capitol Federal Financial, Inc is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal Savings Bank (the Bank), a federal savings bank that serves primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and portions of the metropolitan area of greater Kansas City.

Institutional Ownership by Quarter for Capitol Federal Financial (NASDAQ:CFFN)

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