Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 52.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,052,949 shares of the savings and loans company's stock after purchasing an additional 362,291 shares during the period. JPMorgan Chase & Co. owned approximately 0.79% of Capitol Federal Financial worth $6,149,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of Capitol Federal Financial by 59.9% in the second 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 during the last quarter. Marshall Wace LLP purchased a new position in Capitol Federal Financial during the 2nd quarter worth approximately $1,876,000. Renaissance Technologies LLC lifted its stake in 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 valued at $23,827,000 after acquiring an additional 203,200 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Capitol Federal Financial by 54.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 572,011 shares of the savings and loans company's stock valued at $3,341,000 after acquiring an additional 202,614 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Capitol Federal Financial by 28.1% in the second quarter. Millennium Management LLC now owns 831,779 shares of the savings and loans company's stock worth $4,566,000 after acquiring an additional 182,683 shares during the period. Institutional investors and hedge funds own 88.51% of the company's stock.

Capitol Federal Financial Stock Performance

NASDAQ:CFFN traded down $0.02 during trading hours on Thursday, reaching $5.72. The company had a trading volume of 758,950 shares, compared to its average volume of 756,365. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.31. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The business's 50 day moving average price is $6.37 and its 200-day moving average price is $6.10. The firm has a market cap of $759.44 million, a PE ratio of 19.72 and a beta of 0.51.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $101.65 million for the quarter, compared to the consensus estimate of $45.40 million. During the same period in the prior year, the firm posted $0.04 earnings per share. Research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a $0.085 dividend. The ex-dividend date was Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.94%. Capitol Federal Financial's dividend payout ratio is presently 117.25%.

Analysts Set New Price Targets

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

Insider Activity at Capitol Federal Financial

In other Capitol Federal Financial news, Director James G. Morris bought 15,000 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were purchased 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 of the company's stock, valued at approximately $588,205.80. This represents a 21.13 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.20% of the stock is owned by company 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 deposit.