Hsbc Holdings PLC Takes $126,000 Position in Capitol Federal Financial, Inc. (CFFN)

Hsbc Holdings PLC purchased a new stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,234 shares of the savings and loans company’s stock, valued at approximately $126,000.

Several other hedge funds have also added to or reduced their stakes in CFFN. Commerce Bank increased its stake in Capitol Federal Financial by 18.4% in the fourth quarter. Commerce Bank now owns 29,098 shares of the savings and loans company’s stock valued at $390,000 after purchasing an additional 4,527 shares in the last quarter. Wells Fargo & Company MN increased its stake in Capitol Federal Financial by 2.4% in the first quarter. Wells Fargo & Company MN now owns 209,526 shares of the savings and loans company’s stock valued at $2,587,000 after purchasing an additional 4,845 shares in the last quarter. QS Investors LLC increased its stake in Capitol Federal Financial by 18.1% in the fourth quarter. QS Investors LLC now owns 35,573 shares of the savings and loans company’s stock valued at $477,000 after purchasing an additional 5,444 shares in the last quarter. Victory Capital Management Inc. increased its stake in Capitol Federal Financial by 6.5% in the fourth quarter. Victory Capital Management Inc. now owns 93,411 shares of the savings and loans company’s stock valued at $1,253,000 after purchasing an additional 5,666 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Capitol Federal Financial by 0.5% in the first quarter. Northern Trust Corp now owns 1,591,715 shares of the savings and loans company’s stock valued at $19,658,000 after purchasing an additional 8,052 shares in the last quarter. 74.52% of the stock is owned by hedge funds and other institutional investors.

Several research firms have weighed in on CFFN. BidaskClub raised shares of Capitol Federal Financial from a “hold” rating to a “buy” rating in a research note on Friday. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $14.00 price target on shares of Capitol Federal Financial in a research note on Tuesday, February 27th. Finally, Sandler O’Neill reaffirmed a “hold” rating and issued a $13.50 price target on shares of Capitol Federal Financial in a research note on Tuesday, March 27th.

In other Capitol Federal Financial news, insider Natalie G. Haag acquired 3,187 shares of Capitol Federal Financial stock in a transaction dated Wednesday, May 2nd. The stock was purchased at an average cost of $12.52 per share, for a total transaction of $39,901.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.20% of the stock is owned by company insiders.

CFFN opened at $13.53 on Friday. Capitol Federal Financial, Inc. has a 1-year low of $12.19 and a 1-year high of $15.11. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 21.25 and a beta of 0.48.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings data on Monday, April 30th. The savings and loans company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). The business had revenue of $55.32 million for the quarter. Capitol Federal Financial had a net margin of 28.17% and a return on equity of 6.59%.

The firm also recently disclosed a special dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be issued a dividend of $0.25 per share. This represents a dividend yield of 2.57%. The ex-dividend date of this dividend is Thursday, June 14th.

Capitol Federal Financial Profile

Capitol Federal Financial, Inc operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.

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

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