Sei Investments Co. Has $3.19 Million Position in Capitol Federal Financial $CFFN

Sei Investments Co. lifted its holdings in Capitol Federal Financial (NASDAQ:CFFN) by 203.7% during the first quarter, HoldingsChannel reports. The firm owned 447,415 shares of the savings and loans company’s stock after purchasing an additional 300,087 shares during the period. Sei Investments Co.’s holdings in Capitol Federal Financial were worth $3,190,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Millennium Management LLC grew its holdings in Capitol Federal Financial by 384.4% in the 3rd quarter. Millennium Management LLC now owns 1,122,725 shares of the savings and loans company’s stock valued at $7,129,000 after buying an additional 890,959 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Capitol Federal Financial by 39.8% during the second quarter. AQR Capital Management LLC now owns 2,418,765 shares of the savings and loans company’s stock worth $14,754,000 after buying an additional 688,130 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Capitol Federal Financial by 25.5% during the second quarter. Invesco Ltd. now owns 2,311,690 shares of the savings and loans company’s stock worth $14,101,000 after buying an additional 469,641 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Capitol Federal Financial by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company’s stock worth $86,424,000 after acquiring an additional 442,592 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Capitol Federal Financial by 54.0% during the second quarter. Bank of America Corp DE now owns 860,063 shares of the savings and loans company’s stock worth $5,246,000 after acquiring an additional 301,556 shares during the period. Institutional investors and hedge funds own 88.51% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on CFFN. Piper Sandler upped their target price on shares of Capitol Federal Financial from $8.50 to $9.50 and gave the company a “neutral” rating in a research note on Monday. Benchmark started coverage on shares of Capitol Federal Financial in a report on Wednesday, July 8th. They set a “buy” rating and a $10.00 price objective on the stock. New Street Research set a $10.00 price objective on shares of Capitol Federal Financial in a research report on Thursday, July 9th. Finally, Weiss Ratings raised Capitol Federal Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $9.25.

Capitol Federal Financial Stock Performance

Capitol Federal Financial stock opened at $8.88 on Friday. The firm has a market capitalization of $1.13 billion, a P/E ratio of 13.66 and a beta of 0.68. The stock has a fifty day moving average price of $8.42 and a two-hundred day moving average price of $7.76. Capitol Federal Financial has a 52-week low of $5.75 and a 52-week high of $9.26. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.20 and a quick ratio of 1.21.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, July 29th. The savings and loans company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. Capitol Federal Financial had a net margin of 18.69% and a return on equity of 8.01%. The company had revenue of $60.15 million for the quarter, compared to the consensus estimate of $58.65 million.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be given a $0.085 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.34 dividend on an annualized basis and a yield of 3.8%. Capitol Federal Financial’s payout ratio is 52.31%.

Capitol Federal Financial Company 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.