Kavar Capital Partners LLC Raises Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)
Kavar Capital Partners LLC lifted its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 0.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 183,111 shares of the savings and loans company’s stock after acquiring an additional 1,700 shares during the quarter. Kavar Capital Partners LLC’s holdings in Capitol Federal Financial were worth $2,521,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of CFFN. ETF Managers Group LLC lifted its position in shares of Capitol Federal Financial by 10.3% during the 1st quarter. ETF Managers Group LLC now owns 12,170 shares of the savings and loans company’s stock worth $162,000 after buying an additional 1,132 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of Capitol Federal Financial during the 4th quarter worth approximately $164,000. CWM Advisors LLC lifted its position in shares of Capitol Federal Financial by 8.5% during the 2nd quarter. CWM Advisors LLC now owns 12,890 shares of the savings and loans company’s stock worth $177,000 after buying an additional 1,010 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $182,000. Finally, Moors & Cabot Inc. lifted its position in shares of Capitol Federal Financial by 100.0% during the 1st quarter. Moors & Cabot Inc. now owns 24,454 shares of the savings and loans company’s stock worth $326,000 after buying an additional 12,227 shares during the last quarter. Institutional investors and hedge funds own 75.37% of the company’s stock.
In other Capitol Federal Financial news, insider Natalie G. Haag purchased 2,015 shares of Capitol Federal Financial stock in a transaction that occurred on Tuesday, August 6th. The stock was purchased at an average price of $13.00 per share, for a total transaction of $26,195.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Michel Philipp Cole purchased 2,902 shares of Capitol Federal Financial stock in a transaction that occurred on Friday, May 17th. The stock was acquired at an average price of $13.49 per share, with a total value of $39,147.98. The disclosure for this purchase can be found here. 2.10% of the stock is owned by corporate insiders.
CFFN stock traded down $0.04 on Thursday, hitting $13.29. The company’s stock had a trading volume of 49,402 shares, compared to its average volume of 282,589. The firm’s 50 day simple moving average is $13.62. Capitol Federal Financial, Inc. has a 1 year low of $11.80 and a 1 year high of $14.18. The stock has a market capitalization of $1.89 billion, a PE ratio of 19.35 and a beta of 0.56. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.73.
Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Tuesday, July 30th. The savings and loans company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.01). Capitol Federal Financial had a net margin of 26.94% and a return on equity of 6.83%. The business had revenue of $57.36 million during the quarter.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 2nd will be given a $0.085 dividend. The ex-dividend date is Thursday, August 1st. This represents a $0.34 annualized dividend and a yield of 2.56%.
About Capitol Federal Financial
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 deposits.
See Also: Equal Weight Rating
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