Captrust Financial Advisors Grows Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Captrust Financial Advisors boosted its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 14.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,897 shares of the savings and loans company’s stock after purchasing an additional 6,869 shares during the quarter. Captrust Financial Advisors’ holdings in Capitol Federal Financial were worth $315,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CFFN. AQR Capital Management LLC boosted its position in shares of Capitol Federal Financial by 59.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,494,969 shares of the savings and loans company’s stock worth $8,207,000 after buying an additional 560,103 shares in the last quarter. Marshall Wace LLP acquired a new position in Capitol Federal Financial during the second quarter worth about $1,876,000. Renaissance Technologies LLC lifted its holdings 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 in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Capitol Federal Financial by 54.8% in 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 purchasing an additional 202,614 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Capitol Federal Financial by 28.1% during the 2nd 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 in the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Insider Activity

In related news, Director James G. Morris bought 15,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the completion of the acquisition, the director now owns 85,995 shares in the company, valued at $588,205.80. This trade represents a 21.13 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.20% of the company’s stock.

Analyst Upgrades and Downgrades

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

Capitol Federal Financial Trading Up 0.3 %

Shares of CFFN stock opened at $6.52 on Friday. Capitol Federal Financial, Inc. has a twelve month low of $4.76 and a twelve month high of $7.20. The company has a market capitalization of $865.69 million, a price-to-earnings ratio of 22.48 and a beta of 0.48. The firm has a 50-day moving average price of $6.51 and a 200 day moving average price of $5.99. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 2.11.

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 for the quarter, beating analysts’ consensus estimates 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 net margin of 9.95% and a return on equity of 4.69%. During the same quarter in the previous year, the business posted $0.04 earnings per share. Research analysts forecast that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.21%. The ex-dividend date was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is 117.24%.

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.