Renaissance Technologies LLC Increases Stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Renaissance Technologies LLC increased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,340,076 shares of the savings and loans company’s stock after buying an additional 203,200 shares during the period. Renaissance Technologies LLC owned about 3.25% of Capitol Federal Financial worth $23,827,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. WINTON GROUP Ltd increased its stake in shares of Capitol Federal Financial by 12.6% during the second quarter. WINTON GROUP Ltd now owns 27,172 shares of the savings and loans company’s stock valued at $149,000 after buying an additional 3,050 shares during the period. Victory Capital Management Inc. increased its stake in shares of Capitol Federal Financial by 14.8% during the fourth quarter. Victory Capital Management Inc. now owns 44,995 shares of the savings and loans company’s stock valued at $290,000 after buying an additional 5,789 shares during the period. GAMMA Investing LLC boosted its position in Capitol Federal Financial by 153.7% during the second quarter. GAMMA Investing LLC now owns 9,653 shares of the savings and loans company’s stock valued at $53,000 after purchasing an additional 5,848 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its position in Capitol Federal Financial by 8.8% during the first quarter. CANADA LIFE ASSURANCE Co now owns 122,310 shares of the savings and loans company’s stock valued at $726,000 after purchasing an additional 9,848 shares in the last quarter. Finally, CWM LLC boosted its position in Capitol Federal Financial by 533.2% during the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock valued at $65,000 after purchasing an additional 9,922 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Price Performance

Shares of NASDAQ CFFN opened at $6.05 on Friday. 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 company has a market cap of $809.08 million, a PE ratio of -6.44 and a beta of 0.49. The business has a 50-day simple moving average of $5.95 and a two-hundred day simple moving average of $5.56. Capitol Federal Financial, Inc. has a fifty-two week low of $4.22 and a fifty-two week high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last issued its quarterly earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.04). The business had revenue of $99.70 million during the quarter, compared to analyst estimates 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 period in the prior year, the business posted $0.06 EPS. As a group, equities analysts expect that Capitol Federal Financial, Inc. will post 0.35 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were issued a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 5.62%. The ex-dividend date of this dividend was Thursday, August 1st. Capitol Federal Financial’s dividend payout ratio is presently -36.17%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CFFN. StockNews.com raised Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th. Keefe, Bruyette & Woods raised their price objective on Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a research report on Thursday, July 25th. Finally, Piper Sandler raised their price objective on Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th.

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.