Geode Capital Management LLC boosted its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 7.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,068,389 shares of the savings and loans company’s stock after buying an additional 73,332 shares during the period. Geode Capital Management LLC owned approximately 0.80% of Capitol Federal Financial worth $15,630,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. FMR LLC raised its position in shares of Capitol Federal Financial by 142.3% in the fourth quarter. FMR LLC now owns 70,500 shares of the savings and loans company’s stock valued at $1,160,000 after buying an additional 41,400 shares during the period. Credit Agricole S A raised its position in Capitol Federal Financial by 13.6% in the fourth quarter. Credit Agricole S A now owns 25,565 shares of the savings and loans company’s stock valued at $420,000 after buying an additional 3,065 shares during the last quarter. Guggenheim Capital LLC increased its stake in shares of 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 valued at $246,000 after buying an additional 432 shares during the period. AQR Capital Management LLC increased its stake in shares of 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 valued at $683,000 after buying an additional 144 shares during the period. Finally, Norges Bank acquired a new stake in shares of Capitol Federal Financial during the fourth quarter valued at about $22,528,000. 76.50% of the stock is currently owned by institutional investors and hedge funds.
Shares of Capitol Federal Financial, Inc. (CFFN) opened at 14.25 on Friday. The firm has a market capitalization of $1.91 billion, a PE ratio of 22.66 and a beta of 0.45. Capitol Federal Financial, Inc. has a 52-week low of $13.55 and a 52-week high of $17.04. The stock has a 50 day moving average price of $14.09 and a 200-day moving average price of $14.64.
Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Thursday, July 27th. The savings and loans company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $54.82 million for the quarter, compared to analysts’ expectations of $54.30 million. Capitol Federal Financial had a net margin of 25.51% and a return on equity of 6.10%. During the same quarter in the previous year, the company earned $0.15 EPS. Equities analysts forecast that Capitol Federal Financial, Inc. will post $0.64 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Friday, August 4th will be given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Wednesday, August 2nd. Capitol Federal Financial’s dividend payout ratio is 53.97%.
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Several brokerages have issued reports on CFFN. Zacks Investment Research upgraded Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a report on Friday, June 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $15.00 price objective on shares of Capitol Federal Financial in a report on Wednesday, April 5th. Finally, BidaskClub cut Capitol Federal Financial from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th.
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.
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