Millennium Management LLC Increases Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Millennium Management LLC lifted its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 28.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 831,779 shares of the savings and loans company’s stock after buying an additional 182,683 shares during the quarter. Millennium Management LLC owned approximately 0.62% of Capitol Federal Financial worth $4,566,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in Capitol Federal Financial by 153.7% in the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock worth $53,000 after purchasing an additional 5,848 shares during the period. Wealthstream Advisors Inc. purchased a new stake in shares of Capitol Federal Financial in the 2nd quarter worth approximately $55,000. EntryPoint Capital LLC bought a new position in Capitol Federal Financial during the 1st quarter valued at approximately $62,000. CWM LLC raised its stake in Capitol Federal Financial by 533.2% during the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after buying an additional 9,922 shares during the last quarter. Finally, Choreo LLC bought a new stake in Capitol Federal Financial in the second quarter worth $111,000. 88.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CFFN shares. Keefe, Bruyette & Woods upped their price target on shares of Capitol Federal Financial from $6.00 to $6.50 and gave the stock a “market perform” rating in a research note on Thursday, July 25th. StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Piper Sandler raised their price target on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th.

Capitol Federal Financial Stock Up 3.4 %

Shares of NASDAQ:CFFN opened at $5.82 on Friday. 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, Inc. has a 12 month low of $4.22 and a 12 month high of $6.82. The company has a 50-day moving average price of $5.79 and a 200 day moving average price of $5.56. The company has a market cap of $778.33 million, a price-to-earnings ratio of -6.19 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The company had revenue of $99.70 million for the quarter, compared to analysts’ expectations of $47.23 million. Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. During the same period last year, the business posted $0.06 earnings per share. As a group, equities research analysts predict that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.84%. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

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.