UBS Group AG Sells 284,730 Shares of Capitol Federal Financial $CFFN

UBS Group AG lowered its stake in shares of Capitol Federal Financial (NASDAQ:CFFN) by 44.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 355,326 shares of the savings and loans company’s stock after selling 284,730 shares during the period. UBS Group AG owned approximately 0.27% of Capitol Federal Financial worth $2,420,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Capitol Federal Financial by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,638 shares of the savings and loans company’s stock valued at $412,000 after acquiring an additional 3,036 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $119,000. Caxton Associates LLP acquired a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $315,000. Jane Street Group LLC increased its position in shares of Capitol Federal Financial by 18.4% during the first quarter. Jane Street Group LLC now owns 209,504 shares of the savings and loans company’s stock valued at $1,173,000 after purchasing an additional 32,523 shares during the period. Finally, Strs Ohio bought a new stake in shares of Capitol Federal Financial during the first quarter valued at approximately $59,000. 88.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on CFFN. Weiss Ratings raised Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Keefe, Bruyette & Woods increased their price objective on shares of Capitol Federal Financial from $6.50 to $7.50 and gave the company a “market perform” rating in a research note on Thursday, January 29th. Finally, Piper Sandler raised their price objective on shares of Capitol Federal Financial from $8.00 to $8.50 and gave the stock a “neutral” rating in a report on Monday, May 4th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Capitol Federal Financial has a consensus rating of “Hold” and a consensus price target of $8.00.

Capitol Federal Financial Stock Up 1.3%

Shares of NASDAQ:CFFN opened at $7.85 on Wednesday. Capitol Federal Financial has a 52 week low of $5.58 and a 52 week high of $7.97. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.21 and a current ratio of 1.21. The company’s fifty day moving average is $7.50 and its 200-day moving average is $7.14. The company has a market capitalization of $995.14 million, a PE ratio of 13.08 and a beta of 0.70.

Capitol Federal Financial (NASDAQ:CFFN) last announced its earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Capitol Federal Financial had a return on equity of 7.46% and a net margin of 17.80%.The firm had revenue of $57.73 million for the quarter, compared to analyst estimates of $56.97 million. Equities research analysts predict that Capitol Federal Financial will post 0.71 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Friday, May 1st. Capitol Federal Financial’s dividend payout ratio is currently 56.67%.

Capitol Federal Financial Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.