Caxton Associates LP Sells 63,245 Shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Caxton Associates LP reduced its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 30.6% in the second quarter, HoldingsChannel reports. The firm owned 143,735 shares of the savings and loans company’s stock after selling 63,245 shares during the quarter. Caxton Associates LP’s holdings in Capitol Federal Financial were worth $789,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CFFN. Azora Capital LP bought a new stake in Capitol Federal Financial during the fourth quarter valued at approximately $5,054,000. Renaissance Technologies LLC boosted its stake in shares of 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 worth $23,827,000 after acquiring an additional 203,200 shares during the last quarter. Tidal Investments LLC bought a new stake in shares of Capitol Federal Financial during the 1st quarter valued at $609,000. Charles Schwab Investment Management Inc. increased its stake in shares of Capitol Federal Financial by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,943,860 shares of the savings and loans company’s stock worth $12,538,000 after purchasing an additional 150,482 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its holdings in Capitol Federal Financial by 83.1% in the 4th quarter. Rafferty Asset Management LLC now owns 224,616 shares of the savings and loans company’s stock worth $1,449,000 after purchasing an additional 101,959 shares during the period. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Trading Up 0.2 %

Shares of CFFN opened at $5.77 on Friday. The firm has a market cap of $771.64 million, a P/E ratio of -6.14 and a beta of 0.49. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. Capitol Federal Financial, Inc. has a 1 year low of $4.22 and a 1 year high of $6.82. The company has a 50 day simple moving average of $5.93 and a two-hundred day simple moving average of $5.57.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share 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 the consensus estimate 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 quarter in the prior year, the company posted $0.06 EPS. On average, equities analysts expect that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Stockholders 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 dividend yield of 5.89%. Capitol Federal Financial’s payout ratio is -36.17%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Piper Sandler boosted their price objective on Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Keefe, Bruyette & Woods increased their price objective 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. Finally, StockNews.com upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th.

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.