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

Assenagon Asset Management S.A. boosted its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 54.8% during the 3rd quarter, according to its most recent 13F 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 quarter. Assenagon Asset Management S.A.’s holdings in Capitol Federal Financial were worth $3,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its position in shares of Capitol Federal Financial by 143.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 22,839 shares of the savings and loans company’s stock worth $147,000 after buying an additional 13,447 shares in the last quarter. Diversified Trust Co purchased a new stake in shares of Capitol Federal Financial in the 1st quarter valued at about $143,000. BNP Paribas Financial Markets boosted its position in shares of Capitol Federal Financial by 39.4% during the 1st quarter. BNP Paribas Financial Markets now owns 80,841 shares of the savings and loans company’s stock valued at $482,000 after acquiring an additional 22,868 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Capitol Federal Financial by 8.2% during the first quarter. Empowered Funds LLC now owns 362,528 shares of the savings and loans company’s stock worth $2,161,000 after purchasing an additional 27,442 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Capitol Federal Financial by 23.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 102,093 shares of the savings and loans company’s stock worth $608,000 after purchasing an additional 19,076 shares during the last quarter. 88.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Keefe, Bruyette & Woods boosted 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. Piper Sandler upped their target price on shares of Capitol Federal Financial from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Finally, StockNews.com raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th.

Capitol Federal Financial Stock Down 0.6 %

Shares of CFFN opened at $6.53 on Thursday. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $6.82. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a 50 day simple moving average of $5.95 and a two-hundred day simple moving average of $5.63. The firm has a market cap of $873.28 million, a P/E ratio of -6.95 and a beta of 0.49.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $101.65 million for the quarter, compared to analyst estimates 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 quarter last year, the firm earned $0.04 EPS. On average, analysts forecast that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

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 issued a $0.085 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $0.34 annualized dividend and a dividend yield of 5.21%. Capitol Federal Financial’s dividend payout ratio is currently -36.17%.

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.