First Trust Advisors LP grew its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 15.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,123,937 shares of the savings and loans company’s stock after purchasing an additional 288,353 shares during the period. First Trust Advisors LP owned about 1.50% of Capitol Federal Financial worth $27,059,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its position in shares of Capitol Federal Financial by 2.4% during the 1st quarter. Wells Fargo & Company MN now owns 209,526 shares of the savings and loans company’s stock valued at $2,587,000 after buying an additional 4,845 shares in the last quarter. Xact Kapitalforvaltning AB lifted its position in shares of Capitol Federal Financial by 20.6% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 35,648 shares of the savings and loans company’s stock valued at $469,000 after buying an additional 6,100 shares in the last quarter. Creative Planning lifted its position in shares of Capitol Federal Financial by 10.9% during the 2nd quarter. Creative Planning now owns 96,669 shares of the savings and loans company’s stock valued at $1,272,000 after buying an additional 9,486 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Capitol Federal Financial by 50.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 30,000 shares of the savings and loans company’s stock valued at $395,000 after buying an additional 10,000 shares in the last quarter. Finally, Guggenheim Capital LLC purchased a new position in shares of Capitol Federal Financial during the 1st quarter valued at approximately $126,000. Institutional investors and hedge funds own 74.72% of the company’s stock.
Shares of NASDAQ:CFFN opened at $12.47 on Monday. Capitol Federal Financial, Inc. has a 1 year low of $11.80 and a 1 year high of $14.38. The company has a market cap of $1.76 billion, a PE ratio of 18.89 and a beta of 0.45. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.37 and a current ratio of 1.37.
Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Friday, October 26th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Capitol Federal Financial had a net margin of 28.76% and a return on equity of 6.76%. The business had revenue of $55.90 million for the quarter.
The company also recently disclosed a special dividend, which will be paid on Friday, November 30th. Shareholders of record on Friday, November 16th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, November 15th. This represents a yield of 2.78%. This is a positive change from Capitol Federal Financial’s previous special dividend of $0.25.
Separately, BidaskClub upgraded Capitol Federal Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st.
In other news, insider Natalie G. Haag acquired 4,860 shares of the firm’s stock in a transaction on Thursday, November 1st. The shares were bought at an average price of $12.29 per share, for a total transaction of $59,729.40. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders acquired a total of 5,724 shares of company stock worth $71,115 in the last 90 days. 2.20% of the stock is currently owned by insiders.
Capitol Federal Financial Company 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.
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