Teacher Retirement System of Texas boosted its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 239.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,373 shares of the savings and loans company’s stock after buying an additional 24,941 shares during the period. Teacher Retirement System of Texas’ holdings in Capitol Federal Financial were worth $503,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in CFFN. First Trust Advisors LP raised its stake in shares of 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 worth $22,563,000 after buying an additional 413,606 shares during the last quarter. Bank of Montreal Can raised its stake in shares of 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 worth $4,458,000 after buying an additional 53,618 shares during the last quarter. Boyer & Corporon Wealth Management LLC bought a new position in shares of Capitol Federal Financial during the first quarter worth about $326,000. Guggenheim Capital LLC boosted its position 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 worth $246,000 after buying an additional 432 shares during the period. Finally, Paloma Partners Management Co bought a new position in shares of Capitol Federal Financial during the first quarter worth about $203,000. Hedge funds and other institutional investors own 75.64% of the company’s stock.
Capitol Federal Financial, Inc. (NASDAQ CFFN) opened at 13.40 on Monday. The firm’s 50-day moving average price is $13.96 and its 200-day moving average price is $14.42. Capitol Federal Financial, Inc. has a one year low of $13.21 and a one year high of $17.04. The company has a market cap of $1.80 billion, a PE ratio of 21.30 and a beta of 0.45.
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 (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. Capitol Federal Financial had a return on equity of 6.12% and a net margin of 25.51%. The business had revenue of $54.82 million during the quarter, compared to analysts’ expectations of $54.30 million. During the same quarter in the prior year, the firm earned $0.15 EPS. On average, equities research analysts forecast that Capitol Federal Financial, Inc. will post $0.64 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Friday, August 4th were paid a $0.085 dividend. The ex-dividend date was Wednesday, August 2nd. This represents a $0.34 annualized dividend and a dividend yield of 2.54%. Capitol Federal Financial’s payout ratio is 53.97%.
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A number of 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 target price on the stock in a report on Tuesday, May 2nd. BidaskClub upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd.
In related news, insider Carlton A. Ricketts purchased 4,525 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was bought at an average price of $14.04 per share, with a total value of $63,531.00. Following the completion of the purchase, the insider now owns 53,545 shares in the company, valued at approximately $751,771.80. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Natalie G. Haag purchased 2,200 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was bought at an average cost of $13.66 per share, with a total value of $30,052.00. Following the purchase, the insider now owns 49,959 shares of the company’s stock, valued at approximately $682,439.94. The disclosure for this purchase can be found here. Corporate insiders own 2.50% of the company’s stock.
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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