Carlton A. Ricketts Buys 4,525 Shares of Capitol Federal Financial, Inc. (CFFN) Stock
Capitol Federal Financial, Inc. (NASDAQ:CFFN) insider Carlton A. Ricketts acquired 4,525 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was bought at an average cost of $14.04 per share, for a total transaction of $63,531.00. Following the completion of the transaction, the insider now directly owns 53,545 shares of the company’s stock, valued at $751,771.80. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Capitol Federal Financial, Inc. (CFFN) traded down 0.14% during mid-day trading on Tuesday, hitting $13.90. The stock had a trading volume of 322,315 shares. The firm’s 50 day moving average price is $14.04 and its 200-day moving average price is $14.58. The company has a market cap of $1.87 billion, a PE ratio of 22.10 and a beta of 0.45. Capitol Federal Financial, Inc. has a one year low of $13.55 and a one year high of $17.04.
Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.16. Capitol Federal Financial had a net margin of 25.51% and a return on equity of 6.10%. The company had revenue of $54.82 million during the quarter, compared to analysts’ expectations of $54.30 million. During the same period in the prior year, the company earned $0.15 earnings per share. On average, equities research analysts anticipate that Capitol Federal Financial, Inc. will post $0.64 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 4th will be issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Wednesday, August 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is 53.97%.
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Large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in Capitol Federal Financial during the first quarter worth about $126,000. Paloma Partners Management Co purchased a new stake in Capitol Federal Financial during the first quarter worth about $203,000. Barber Financial Group Inc. boosted its stake in Capitol Federal Financial by 7.6% in the second quarter. Barber Financial Group Inc. now owns 14,625 shares of the savings and loans company’s stock worth $208,000 after buying an additional 1,036 shares during the period. Prudential Financial Inc. boosted its stake in Capitol Federal Financial by 7.0% in the second quarter. Prudential Financial Inc. now owns 14,881 shares of the savings and loans company’s stock worth $211,000 after buying an additional 980 shares during the period. Finally, 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 worth $235,000 after buying an additional 4,931 shares during the period. Institutional investors own 75.45% of the company’s stock.
CFFN has been the topic of several research reports. Zacks Investment Research raised Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research report on Monday, July 31st. BidaskClub raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd.
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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