Renaissance Technologies LLC Has $27.98 Million Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Renaissance Technologies LLC grew its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 3.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,734,897 shares of the savings and loans company's stock after acquiring an additional 148,118 shares during the quarter. Renaissance Technologies LLC owned about 3.57% of Capitol Federal Financial worth $27,983,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CFFN. Geode Capital Management LLC grew its position in Capitol Federal Financial by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,860,278 shares of the savings and loans company's stock valued at $16,909,000 after buying an additional 15,578 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Capitol Federal Financial by 28.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company's stock valued at $10,376,000 after acquiring an additional 387,045 shares in the last quarter. Invesco Ltd. increased its stake in shares of Capitol Federal Financial by 118.7% during the fourth quarter. Invesco Ltd. now owns 1,599,047 shares of the savings and loans company's stock valued at $9,450,000 after acquiring an additional 867,870 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Capitol Federal Financial by 24.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,306,936 shares of the savings and loans company's stock valued at $7,724,000 after acquiring an additional 253,987 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in Capitol Federal Financial by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 592,331 shares of the savings and loans company's stock worth $3,501,000 after purchasing an additional 16,529 shares in the last quarter. Institutional investors own 88.51% of the company's stock.

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Analysts Set New Price Targets

Separately, Piper Sandler decreased their price target on Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating for the company in a research note on Thursday, January 30th.

Insider Transactions at Capitol Federal Financial

In other news, EVP Rick C. Jackson acquired 10,000 shares of the stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $5.88 per share, for a total transaction of $58,800.00. Following the transaction, the executive vice president now owns 191,428 shares in the company, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey M. Johnson bought 5,000 shares of the business's stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of $5.97 per share, for a total transaction of $29,850.00. Following the completion of the purchase, the director now owns 102,900 shares in the company, valued at approximately $614,313. This trade represents a 5.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 40,000 shares of company stock valued at $229,850 over the last three months. Company insiders own 3.20% of the company's stock.

Capitol Federal Financial Price Performance

Capitol Federal Financial stock traded up $0.06 during midday trading on Tuesday, hitting $5.20. The company's stock had a trading volume of 643,337 shares, compared to its average volume of 791,662. Capitol Federal Financial, Inc. has a 12 month low of $4.76 and a 12 month high of $7.20. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 2.11. The stock's 50-day moving average price is $5.73 and its 200-day moving average price is $6.04. The company has a market capitalization of $690.49 million, a PE ratio of 13.33 and a beta of 0.52.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its earnings results on Wednesday, January 29th. The savings and loans company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. Analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 6.54%. The ex-dividend date of this dividend was Friday, February 7th. Capitol Federal Financial's dividend payout ratio is presently 87.18%.

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, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.