Alliancebernstein L.P. maintained its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 209,026 shares of the savings and loans company’s stock at the end of the first quarter. Alliancebernstein L.P. owned approximately 0.16% of Capitol Federal Financial worth $3,058,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in Capitol Federal Financial by 5.5% in the first quarter. Bank of New York Mellon Corp now owns 803,611 shares of the savings and loans company’s stock valued at $11,756,000 after buying an additional 42,055 shares during the last quarter. First Trust Advisors LP boosted its stake in Capitol Federal Financial by 36.6% in the first quarter. First Trust Advisors LP now owns 1,542,238 shares of the savings and loans company’s stock valued at $22,563,000 after buying an additional 413,606 shares during the last quarter. Bank of Montreal Can boosted its stake in Capitol Federal Financial by 21.4% in the first quarter. Bank of Montreal Can now owns 304,706 shares of the savings and loans company’s stock valued at $4,458,000 after buying an additional 53,618 shares during the last quarter. Teachers Advisors LLC boosted its stake in Capitol Federal Financial by 4.4% in the fourth quarter. Teachers Advisors LLC now owns 240,919 shares of the savings and loans company’s stock valued at $3,966,000 after buying an additional 10,240 shares during the last quarter. Finally, Norges Bank purchased a new stake in Capitol Federal Financial during the fourth quarter valued at approximately $22,528,000. Hedge funds and other institutional investors own 76.50% of the company’s stock.
Capitol Federal Financial, Inc. (CFFN) traded down 1.70% on Wednesday, hitting $13.85. The company’s stock had a trading volume of 652,500 shares. The stock has a market cap of $1.86 billion, a PE ratio of 22.34 and a beta of 0.45. The firm has a 50 day moving average of $14.08 and a 200-day moving average of $14.68. Capitol Federal Financial, Inc. has a 12 month low of $13.55 and a 12 month high of $17.04.
Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Friday, April 28th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.16. Capitol Federal Financial had a return on equity of 6.04% and a net margin of 25.58%. The firm had revenue of $54.63 million during the quarter, compared to analyst estimates of $54.60 million. On average, analysts expect that Capitol Federal Financial, Inc. will post $0.63 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 4th will be paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, August 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 54.84%.
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Several research firms have weighed in on CFFN. Zacks Investment Research raised Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Friday, June 9th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $15.00 price target on shares of Capitol Federal Financial in a research report on Wednesday, April 5th. Finally, BidaskClub lowered Capitol Federal Financial from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th.
Capitol Federal Financial Company Profile
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.
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