Cramer Rosenthal Mcglynn LLC lessened its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 2.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,709,438 shares of the savings and loans company’s stock after selling 40,902 shares during the period. Cramer Rosenthal Mcglynn LLC’s holdings in Capitol Federal Financial were worth $23,539,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in CFFN. Prime Capital Investment Advisors LLC acquired a new position in shares of Capitol Federal Financial in the 2nd quarter valued at $25,000. Nomura Asset Management Co. Ltd. acquired a new position in shares of Capitol Federal Financial in the 2nd quarter valued at $34,000. Bank of Montreal Can acquired a new position in shares of Capitol Federal Financial in the 2nd quarter valued at $153,000. ETF Managers Group LLC lifted its stake in shares of Capitol Federal Financial by 10.3% in the 1st quarter. ETF Managers Group LLC now owns 12,170 shares of the savings and loans company’s stock valued at $162,000 after purchasing an additional 1,132 shares during the last quarter. Finally, Intrust Bank NA lifted its stake in shares of Capitol Federal Financial by 20.9% in the 2nd quarter. Intrust Bank NA now owns 12,134 shares of the savings and loans company’s stock valued at $167,000 after purchasing an additional 2,100 shares during the last quarter. 74.70% of the stock is currently owned by institutional investors and hedge funds.
Shares of CFFN stock traded up $0.06 on Friday, hitting $14.17. The stock had a trading volume of 15,492 shares, compared to its average volume of 200,442. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $1.93 billion, a P/E ratio of 19.78 and a beta of 0.55. Capitol Federal Financial, Inc. has a 1 year low of $11.80 and a 1 year high of $14.18. The company’s 50 day moving average price is $13.46 and its 200-day moving average price is $13.48.
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Friday, August 2nd were issued a $0.085 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $0.34 annualized dividend and a dividend yield of 2.40%.
Separately, BidaskClub upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a report on Thursday.
In other news, insider Natalie G. Haag acquired 2,015 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were purchased at an average price of $13.00 per share, for a total transaction of $26,195.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by insiders.
Capitol Federal Financial Profile
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.
Further Reading: Stochastic Momentum Index (SMI)
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