Assenagon Asset Management S.A. Increases Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Assenagon Asset Management S.A. lifted its stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN - Free Report) by 54.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 572,011 shares of the savings and loans company's stock after purchasing an additional 202,614 shares during the period. Assenagon Asset Management S.A. owned 0.43% of Capitol Federal Financial worth $3,341,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC increased 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 in the last quarter. Marshall Wace LLP bought a new stake in Capitol Federal Financial during the second quarter valued at about $1,876,000. Renaissance Technologies LLC lifted its position in shares of Capitol Federal Financial by 4.9% in the second 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 in the last quarter. Millennium Management LLC boosted 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. Finally, Tidal Investments LLC purchased a new stake in shares of Capitol Federal Financial during the first quarter worth about $609,000. 88.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CFFN shares. Keefe, Bruyette & Woods increased their price objective on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the company a "market perform" rating in a report on Thursday, July 25th. Piper Sandler boosted their price target on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the stock a "neutral" rating in a research note on Thursday, October 24th. Finally, StockNews.com upgraded Capitol Federal Financial from a "sell" rating to a "hold" rating in a research report on Wednesday, July 17th.

Capitol Federal Financial Price Performance

Shares of CFFN stock traded down $0.03 on Thursday, reaching $6.50. The company's stock had a trading volume of 376,499 shares, compared to its average volume of 852,375. The stock's fifty day simple moving average is $5.95 and its 200-day simple moving average is $5.63. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $6.82. The company has a market capitalization of $862.79 million, a price-to-earnings ratio of 22.38 and a beta of 0.49. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The business had revenue of $101.65 million during the quarter, compared to analysts' expectations of $45.40 million. Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. During the same period last year, the company posted $0.04 EPS. Analysts forecast that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.23%. The ex-dividend date is Friday, November 1st. Capitol Federal Financial's payout ratio is 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.