Director Jeffrey M. Johnson Purchases Shares in Capitol Federal Financial, Inc.

Capitol Federal Financial, Inc. (NASDAQ:CFFN) has attracted attention due to a notable stock purchase by its director, Jeffrey M. Johnson. On Friday, March 28th, Johnson bought 10,000 shares of the company's stock at an average price of $5.63 per share, totaling $56,300. Following this transaction, he now owns 112,900 shares in Capitol Federal Financial, which have an estimated value of $635,627. This purchase represents a 9.72% increase in Johnson's ownership stake within the company. The details of this transaction were submitted in a filing with the Securities and Exchange Commission (SEC), available for public review.

Capitol Federal Financial's Recent Stock Performance

On the same day as Johnson's stock purchase, shares of Capitol Federal Financial experienced a slight decline, trading down by $0.06 to close at $5.69. During this trading session, the company saw a volume of 607,642 shares traded, compared to its average volume of 779,011 shares. The firm’s 50-day moving average is $5.86, and the 200-day moving average stands at $6.08. In the past year, the company's stock has reached a low of $4.76 and a high of $7.20, with a market capitalization of $755.55 million. The company's price-to-earnings (P/E) ratio is 14.59, and it has a beta of 0.49, indicating a relatively low volatility compared to the market. Capitol Federal has a debt-to-equity ratio of 2.11 and current and quick ratios both at 1.30, highlighting its liquidity position.

Financial Performance Insights

Capitol Federal Financial recently released its quarterly earnings report on January 29th, where it posted earnings of $0.12 per share. This figure eclipsed the analyst consensus estimate of $0.11 by $0.01. The company reported a net margin of 12.67% and a return on equity of 4.96%. Analysts forecast that Capitol Federal Financial, Inc. will achieve an earnings per share of 0.46 for the current fiscal year.

Dividend Announcement

The company also announced a quarterly dividend, which was_paid on February 21st. The dividend of $0.085 was granted to shareholders on record as of February 7th. This signifies an annualized dividend of $0.34 and a yield of 5.98%. The ex-dividend date was set for February 7th, with a dividend payout ratio (DPR) currently at 87.18%.

Changes in Analyst Recommendations

In other news, Piper Sandler adjusted their target price for Capitol Federal Financial, reducing it from $7.00 to $6.50, while maintaining a "neutral" rating on the stock as of January 30th.

Institutional Activity

Recent activity among large investors indicates modifications in their holdings in Capitol Federal Financial. Smartleaf Asset Management LLC increased its stake in the company by 131.9% during the fourth quarter, now owning 7,197 shares after acquiring an additional 4,093 shares. Endeavor Private Wealth Inc. and O Shaughnessy Asset Management LLC made new purchases, investing $53,000 and $60,000, respectively. Wealthstream Advisors Inc. and EP Wealth Advisors LLC also bought stakes in the company during the fourth quarter, amounting to $63,000 and $66,000, respectively. Notably, institutional investors control 88.51% of Capitol Federal's stock, reflecting strong interest from larger financial entities.

Company Overview

Capitol Federal Financial, Inc. operates as the parent company of Capitol Federal Savings Bank, providing a variety of retail banking products and services across the United States. These services include various deposit accounts like savings, money market, and checking accounts, as well as certificates of deposit.

Conclusion

The recent purchase by Director Jeffrey M. Johnson and the company's financial performance highlight the ongoing interest in Capitol Federal Financial, Inc. With strong institutional backing and a stable dividend offering, it remains a noteworthy entity in the financial services sector.

CFFN, Investment, Earnings