Azora Capital LP Grows Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Azora Capital LP grew its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 7.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,465,821 shares of the savings and loans company's stock after buying an additional 107,826 shares during the quarter. Azora Capital LP owned 1.10% of Capitol Federal Financial worth $8,560,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of CFFN. AQR Capital Management LLC lifted its position in shares of Capitol Federal Financial by 59.9% during 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 buying an additional 560,103 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Capitol Federal Financial during the 2nd quarter worth approximately $1,876,000. Renaissance Technologies LLC lifted its position in shares of Capitol Federal Financial by 4.9% during the 2nd quarter. Renaissance Technologies LLC now owns 4,340,076 shares of the savings and loans company's stock worth $23,827,000 after buying an additional 203,200 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Capitol Federal Financial by 54.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 572,011 shares of the savings and loans company's stock worth $3,341,000 after buying an additional 202,614 shares in the last quarter. Finally, 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 worth $4,566,000 after buying an additional 182,683 shares in the last quarter. Institutional investors own 88.51% of the company's stock.

Wall Street Analyst Weigh In

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

Capitol Federal Financial Stock Performance

Shares of CFFN stock traded up $0.11 during trading hours on Monday, hitting $6.79. 564,395 shares of the company were exchanged, compared to its average volume of 836,545. The firm has a fifty day simple moving average of $6.33 and a 200 day simple moving average of $5.89. The company has a current ratio of 1.31, a quick ratio of 1.34 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a 52-week low of $4.76 and a 52-week high of $7.20. The stock has a market capitalization of $901.28 million, a price-to-earnings ratio of 23.41 and a beta of 0.47.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $45.40 million. During the same quarter last year, the business posted $0.04 EPS. Research analysts predict that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.01%. Capitol Federal Financial's payout ratio is currently 117.24%.

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.