Credit Suisse AG Decreases Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)
Credit Suisse AG reduced its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 8.0% during the first quarter, Holdings Channel reports. The institutional investor owned 123,417 shares of the savings and loans company’s stock after selling 10,664 shares during the period. Credit Suisse AG’s holdings in Capitol Federal Financial were worth $1,805,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in Capitol Federal Financial during the first quarter valued at $126,000. Paloma Partners Management Co acquired a new stake in Capitol Federal Financial during the first quarter valued at $203,000. Guggenheim Capital LLC boosted its stake in 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 in the last quarter. SG Americas Securities LLC boosted its stake in Capitol Federal Financial by 44.2% in the first quarter. SG Americas Securities LLC now owns 16,088 shares of the savings and loans company’s stock valued at $235,000 after buying an additional 4,931 shares in the last quarter. Finally, MARSHALL WACE ASIA Ltd acquired a new stake in Capitol Federal Financial during the first quarter valued at $302,000. 75.45% of the stock is owned by institutional investors.
Capitol Federal Financial, Inc. (CFFN) traded down 0.88% during midday trading on Friday, hitting $13.51. The stock had a trading volume of 128,960 shares. Capitol Federal Financial, Inc. has a 1-year low of $13.48 and a 1-year high of $17.04. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 21.48 and a beta of 0.45. The firm has a 50-day moving average price of $14.02 and a 200-day moving average price of $14.52.
Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. The firm had revenue of $54.82 million during the quarter, compared to the consensus estimate of $54.30 million. Capitol Federal Financial had a return on equity of 6.10% and a net margin of 25.51%. During the same period in the prior year, the company posted $0.15 EPS. On average, equities research analysts anticipate that Capitol Federal Financial, Inc. will post $0.64 earnings per share for the current year.
The business 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. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.49%. Capitol Federal Financial’s payout ratio is 53.97%.
Several equities research analysts have recently weighed in on the company. BidaskClub raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Zacks Investment Research raised Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Monday, July 31st.
In related news, insider Carlton A. Ricketts bought 4,525 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was purchased at an average cost of $14.04 per share, for a total transaction of $63,531.00. Following the transaction, the insider now owns 53,545 shares in the company, valued at approximately $751,771.80. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.50% of the company’s stock.
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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