341,645 Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN) Acquired by Marshall Wace LLP

Marshall Wace LLP purchased a new stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 341,645 shares of the savings and loans company’s stock, valued at approximately $1,876,000.

Several other institutional investors also recently bought and sold shares of the business. Renaissance Technologies LLC grew 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 purchasing an additional 203,200 shares during the period. Azora Capital LP acquired a new stake in Capitol Federal Financial in the 4th quarter worth about $5,054,000. Panagora Asset Management Inc. grew its holdings in Capitol Federal Financial by 7.0% in the 2nd quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock valued at $3,540,000 after buying an additional 41,990 shares during the period. Empowered Funds LLC increased its stake in shares of Capitol Federal Financial by 8.2% during the 1st quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock valued at $2,161,000 after acquiring an additional 27,442 shares during the last quarter. Finally, Public Sector Pension Investment Board lifted its holdings in shares of Capitol Federal Financial by 6.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 271,593 shares of the savings and loans company’s stock worth $1,491,000 after acquiring an additional 16,831 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Capitol Federal Financial Stock Up 0.9 %

Shares of NASDAQ:CFFN opened at $5.61 on Friday. Capitol Federal Financial, Inc. has a 1 year low of $4.22 and a 1 year high of $6.82. The stock has a 50-day simple moving average of $5.86 and a 200-day simple moving average of $5.56. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $750.24 million, a P/E ratio of -5.97 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.04). Capitol Federal Financial had a positive return on equity of 4.02% and a negative net margin of 33.33%. The business had revenue of $99.70 million for the quarter, compared to analysts’ expectations of $47.23 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. Equities analysts forecast that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Friday, August 2nd were issued a $0.085 dividend. The ex-dividend date was Thursday, August 1st. This represents a $0.34 annualized dividend and a yield of 6.06%. 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.