Assenagon Asset Management S.A. Sells 549,849 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Assenagon Asset Management S.A. decreased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 96.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,162 shares of the savings and loans company's stock after selling 549,849 shares during the period. Assenagon Asset Management S.A.'s holdings in Capitol Federal Financial were worth $131,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CFFN. AQR Capital Management LLC raised its holdings in shares of Capitol Federal Financial by 59.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,494,969 shares of the savings and loans company's stock worth $8,207,000 after purchasing an additional 560,103 shares in the last quarter. Azora Capital LP grew its position in Capitol Federal Financial by 7.9% in the third quarter. Azora Capital LP now owns 1,465,821 shares of the savings and loans company's stock worth $8,560,000 after buying an additional 107,826 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Capitol Federal Financial by 52.5% in the third quarter. JPMorgan Chase & Co. now owns 1,052,949 shares of the savings and loans company's stock valued at $6,149,000 after buying an additional 362,291 shares in the last quarter. Millennium Management LLC lifted its position in shares of Capitol Federal Financial by 28.1% during the 2nd quarter. Millennium Management LLC now owns 831,779 shares of the savings and loans company's stock valued at $4,566,000 after acquiring an additional 182,683 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Capitol Federal Financial during the 2nd quarter worth $1,876,000. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director James G. Morris bought 15,000 shares of the business's stock in a transaction on Monday, December 2nd. The stock was bought at an average price of $6.84 per share, for a total transaction of $102,600.00. Following the transaction, the director now directly owns 85,995 shares in the company, valued at $588,205.80. This represents a 21.13 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.20% of the company's stock.

Capitol Federal Financial Trading Up 0.9 %

Shares of CFFN stock traded up $0.05 during trading hours on Friday, reaching $5.65. 662,935 shares of the stock traded hands, compared to its average volume of 594,257. The business has a fifty day moving average price of $6.20 and a 200 day moving average price of $6.11. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 2.11. The firm has a market capitalization of $750.15 million, a PE ratio of 19.48 and a beta of 0.51.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. Capitol Federal Financial had a net margin of 9.95% and a return on equity of 4.69%. The company had revenue of $101.65 million for the quarter, compared to the consensus estimate of $45.40 million. During the same period in the previous year, the business earned $0.04 EPS. On average, equities research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Analysts Set New Price Targets

Separately, Piper Sandler upped their target price on Capitol Federal Financial from $6.50 to $7.00 and gave the company a "neutral" rating in a report on Thursday, October 24th.

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 deposit.