Russell Investments Group Ltd. boosted its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 26.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,074 shares of the savings and loans company’s stock after purchasing an additional 23,611 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.08% of Capitol Federal Financial worth $1,440,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of CFFN. Dimensional Fund Advisors LP raised its holdings in shares of Capitol Federal Financial by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 9,604,268 shares of the savings and loans company’s stock valued at $126,392,000 after acquiring an additional 335,036 shares during the last quarter. Paradigm Capital Management Inc. NY acquired a new position in shares of Capitol Federal Financial during the second quarter valued at approximately $610,000. American Century Companies Inc. raised its holdings in shares of Capitol Federal Financial by 0.5% during the second quarter. American Century Companies Inc. now owns 19,421,518 shares of the savings and loans company’s stock valued at $255,587,000 after acquiring an additional 95,186 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Capitol Federal Financial by 15.7% during the third quarter. First Trust Advisors LP now owns 2,123,937 shares of the savings and loans company’s stock valued at $27,059,000 after acquiring an additional 288,353 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Capitol Federal Financial by 8.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,017,739 shares of the savings and loans company’s stock valued at $13,394,000 after acquiring an additional 76,887 shares during the last quarter. Institutional investors own 76.57% of the company’s stock.
In related news, insider Natalie G. Haag purchased 4,860 shares of the business’s stock in a transaction that occurred on Thursday, November 1st. The stock was purchased at an average price of $12.29 per share, with a total value of $59,729.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.20% of the stock is currently owned by company insiders.
Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Friday, October 26th. The savings and loans company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). Capitol Federal Financial had a net margin of 28.76% and a return on equity of 6.71%. The company had revenue of $55.90 million during the quarter.
The business also recently declared a special dividend, which was paid on Friday, November 30th. Investors of record on Friday, November 16th were issued a $0.39 dividend. This represents a dividend yield of 2.78%. The ex-dividend date was Thursday, November 15th. This is a boost from Capitol Federal Financial’s previous special dividend of $0.25.
Separately, BidaskClub raised Capitol Federal Financial from a “hold” rating to a “buy” rating in a report on Thursday, August 16th.
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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 comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.
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