California Public Employees Retirement System decreased its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 15.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,600 shares of the savings and loans company’s stock after selling 40,600 shares during the period. California Public Employees Retirement System owned 0.17% of Capitol Federal Financial worth $3,257,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in CFFN. Quantbot Technologies LP acquired a new position in shares of Capitol Federal Financial during the first quarter valued at about $126,000. Guggenheim Capital LLC increased its position in shares of 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 during the last quarter. SG Americas Securities LLC increased its position in shares of 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 during the last quarter. AQR Capital Management LLC increased its position in shares of Capitol Federal Financial by 0.3% in the fourth quarter. AQR Capital Management LLC now owns 41,472 shares of the savings and loans company’s stock valued at $683,000 after buying an additional 144 shares during the last quarter. Finally, Karp Capital Management Corp acquired a new position in shares of Capitol Federal Financial during the first quarter valued at about $756,000. Hedge funds and other institutional investors own 76.46% of the company’s stock.
Capitol Federal Financial, Inc. (NASDAQ:CFFN) opened at 13.93 on Friday. Capitol Federal Financial, Inc. has a 12 month low of $13.55 and a 12 month high of $17.04. The firm’s 50-day moving average is $14.08 and its 200 day moving average is $14.73. The stock has a market capitalization of $1.87 billion, a P/E ratio of 22.47 and a beta of 0.45.
Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Friday, April 28th. The savings and loans company reported $0.16 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.16. The company had revenue of $54.63 million for the quarter, compared to analysts’ expectations of $54.60 million. Capitol Federal Financial had a net margin of 25.58% and a return on equity of 6.04%. On average, equities analysts anticipate that Capitol Federal Financial, Inc. will post $0.63 earnings per share for the current year.
The firm also recently announced 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. The ex-dividend date is Wednesday, August 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.44%. Capitol Federal Financial’s dividend payout ratio (DPR) is 54.84%.
TRADEMARK VIOLATION NOTICE: “Capitol Federal Financial, Inc. (CFFN) Shares Sold by California Public Employees Retirement System” was reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://stocknewstimes.com/2017/07/21/capitol-federal-financial-inc-cffn-shares-sold-by-california-public-employees-retirement-system.html.
Several brokerages have issued reports on CFFN. BidaskClub downgraded shares of Capitol Federal Financial from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Zacks Investment Research downgraded shares of Capitol Federal Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $15.00 price objective on shares of Capitol Federal Financial in a research report on Wednesday, April 5th.
About Capitol Federal Financial
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.
Receive News & Ratings for Capitol Federal Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitol Federal Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
