SG Americas Securities LLC Acquires 13,400 Shares of Capitol Federal Financial $CFFN

SG Americas Securities LLC grew its holdings in Capitol Federal Financial (NASDAQ:CFFN) by 40.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,187 shares of the savings and loans company’s stock after buying an additional 13,400 shares during the period. SG Americas Securities LLC’s holdings in Capitol Federal Financial were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in CFFN. Summit Securities Group LLC bought a new position in shares of Capitol Federal Financial in the 1st quarter valued at about $26,000. Hantz Financial Services Inc. raised its position in Capitol Federal Financial by 450.4% during the second quarter. Hantz Financial Services Inc. now owns 7,403 shares of the savings and loans company’s stock valued at $45,000 after purchasing an additional 6,058 shares during the period. Strs Ohio bought a new stake in shares of Capitol Federal Financial in the 1st quarter valued at approximately $59,000. SeaCrest Wealth Management LLC purchased a new position in shares of Capitol Federal Financial in the 2nd quarter worth approximately $71,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of Capitol Federal Financial during the 2nd quarter valued at approximately $81,000. 88.51% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Rick C. Jackson acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average price of $6.05 per share, with a total value of $48,400.00. Following the completion of the purchase, the executive vice president directly owned 156,752 shares in the company, valued at $948,349.60. This trade represents a 5.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Capitol Federal Financial in a research note on Tuesday. Zacks Research upgraded shares of Capitol Federal Financial to a “hold” rating in a report on Tuesday, November 4th. Finally, Piper Sandler assumed coverage on shares of Capitol Federal Financial in a report on Wednesday, October 22nd. They set a “neutral” rating and a $7.00 price target on the stock. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Capitol Federal Financial presently has a consensus rating of “Hold” and an average target price of $7.00.

Capitol Federal Financial Stock Down 0.5%

NASDAQ:CFFN opened at $6.61 on Friday. The company has a market cap of $877.30 million, a price-to-earnings ratio of 12.70 and a beta of 0.72. Capitol Federal Financial has a twelve month low of $4.90 and a twelve month high of $6.89. The company has a current ratio of 1.26, a quick ratio of 1.27 and a debt-to-equity ratio of 1.86. The stock has a fifty day simple moving average of $6.30 and a 200-day simple moving average of $6.16.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, October 29th. The savings and loans company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. Capitol Federal Financial had a net margin of 16.19% and a return on equity of 6.54%. The company had revenue of $54.57 million for the quarter, compared to the consensus estimate of $53.46 million. During the same quarter last year, the firm posted $0.09 EPS. Analysts anticipate that Capitol Federal Financial will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, November 7th were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, November 7th. Capitol Federal Financial’s payout ratio is currently 65.38%.

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, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.