Carlton A. Ricketts Acquires 4,525 Shares of Capitol Federal Financial, Inc. (CFFN) Stock

Capitol Federal Financial, Inc. (NASDAQ:CFFN) insider Carlton A. Ricketts purchased 4,525 shares of the company’s stock in a transaction that occurred 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 purchase, the insider now directly owns 53,545 shares in the company, valued at approximately $751,771.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Capitol Federal Financial, Inc. (CFFN) opened at 13.40 on Friday. The firm’s 50-day moving average is $13.96 and its 200 day moving average is $14.42. Capitol Federal Financial, Inc. has a 52 week low of $13.21 and a 52 week high of $17.04. The firm has a market cap of $1.80 billion, a PE ratio of 21.30 and a beta of 0.45.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Thursday, July 27th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.16. The firm had revenue of $54.82 million during the quarter, compared to analysts’ expectations of $54.30 million. Capitol Federal Financial had a return on equity of 6.12% and a net margin of 25.51%. During the same quarter in the prior year, the business posted $0.15 earnings per share. Equities research analysts forecast that Capitol Federal Financial, Inc. will post $0.64 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Friday, August 4th were issued a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 2.54%. The ex-dividend date was Wednesday, August 2nd. Capitol Federal Financial’s dividend payout ratio (DPR) is 53.97%.

COPYRIGHT VIOLATION NOTICE: “Carlton A. Ricketts Acquires 4,525 Shares of Capitol Federal Financial, Inc. (CFFN) Stock” was posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://www.com-unik.info/2017/08/19/carlton-a-ricketts-acquires-4525-shares-of-capitol-federal-financial-inc-cffn-stock-updated.html.

CFFN has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Capitol Federal Financial from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Tuesday, May 2nd. BidaskClub raised shares of Capitol Federal Financial from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 28th.

Hedge funds have recently bought and sold shares of the stock. FMR LLC raised its stake in Capitol Federal Financial by 142.3% in the fourth quarter. FMR LLC now owns 70,500 shares of the savings and loans company’s stock valued at $1,160,000 after buying an additional 41,400 shares during the period. Guggenheim Capital LLC raised its stake in 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 period. AQR Capital Management LLC raised its stake in 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 period. Teachers Advisors LLC raised its stake in Capitol Federal Financial by 4.4% in the fourth quarter. Teachers Advisors LLC now owns 240,919 shares of the savings and loans company’s stock valued at $3,966,000 after buying an additional 10,240 shares during the period. Finally, Bank of Montreal Can raised its stake in Capitol Federal Financial by 21.4% in the first quarter. Bank of Montreal Can now owns 304,706 shares of the savings and loans company’s stock valued at $4,458,000 after buying an additional 53,618 shares during the period. 75.64% of the stock is currently owned by institutional investors.

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.

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