Intech Investment Management LLC Acquires 25,848 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Intech Investment Management LLC boosted its holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 70.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 62,769 shares of the savings and loans company’s stock after purchasing an additional 25,848 shares during the quarter. Intech Investment Management LLC’s holdings in Capitol Federal Financial were worth $367,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its position in shares of Capitol Federal Financial by 4.9% during the second quarter. Renaissance Technologies LLC now owns 4,340,076 shares of the savings and loans company’s stock worth $23,827,000 after acquiring an additional 203,200 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Capitol Federal Financial by 59.9% during the second quarter. AQR Capital Management LLC now owns 1,494,969 shares of the savings and loans company’s stock valued at $8,207,000 after purchasing an additional 560,103 shares in the last quarter. Millennium Management LLC increased its holdings 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 purchasing an additional 182,683 shares during the last quarter. Panagora Asset Management Inc. lifted its position in shares of Capitol Federal Financial by 7.0% in the second quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock worth $3,540,000 after buying an additional 41,990 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in Capitol Federal Financial by 54.8% during the third 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 buying an additional 202,614 shares during the last quarter. 88.51% of the stock is owned by hedge funds and other institutional investors.

Capitol Federal Financial Stock Down 2.2 %

Shares of NASDAQ CFFN opened at $6.61 on Wednesday. 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 12-month low of $4.76 and a 12-month high of $7.20. The firm’s 50-day moving average price is $6.35 and its 200-day moving average price is $5.91. The stock has a market capitalization of $877.61 million, a price-to-earnings ratio of 22.79 and a beta of 0.48.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $101.65 million during the quarter, compared to analyst estimates of $45.40 million. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. During the same period last year, the company earned $0.04 EPS. On average, equities research analysts anticipate that Capitol Federal Financial, Inc. will post 0.45 EPS for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were paid a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 5.14%. The ex-dividend date was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio is currently 117.25%.

Wall Street Analyst Weigh In

Separately, Piper Sandler upped their price objective on Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th.

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.