SG Americas Securities LLC Grows Stock Holdings in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

SG Americas Securities LLC increased its position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 266.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,360 shares of the savings and loans company’s stock after buying an additional 33,721 shares during the period. SG Americas Securities LLC’s holdings in Capitol Federal Financial were worth $271,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its holdings in Capitol Federal Financial by 4.9% during the second quarter. Renaissance Technologies LLC now owns 4,340,076 shares of the savings and loans company’s stock worth $23,827,000 after buying an additional 203,200 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Capitol Federal Financial by 59.9% during the second 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. Millennium Management LLC boosted its holdings in Capitol Federal Financial by 28.1% during the second quarter. Millennium Management LLC now owns 831,779 shares of the savings and loans company’s stock worth $4,566,000 after buying an additional 182,683 shares in the last quarter. Panagora Asset Management Inc. boosted its holdings in Capitol Federal Financial by 7.0% during the second quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock worth $3,540,000 after buying an additional 41,990 shares in the last quarter. Finally, Empowered Funds LLC raised its position in 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 acquiring an additional 27,442 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Keefe, Bruyette & Woods upped 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 report on Thursday, July 25th. Piper Sandler upped their price objective on shares of Capitol Federal Financial from $5.50 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th. Finally, StockNews.com upgraded shares of Capitol Federal Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th.

Capitol Federal Financial Price Performance

Shares of NASDAQ CFFN opened at $6.16 on Monday. The firm has a 50-day simple moving average of $5.83 and a 200-day simple moving average of $5.57. The stock has a market capitalization of $823.80 million, a price-to-earnings ratio of -6.55 and a beta of 0.49. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.25. Capitol Federal Financial, Inc. has a 52 week low of $4.22 and a 52 week high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, July 24th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates 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 negative net margin of 33.33% and a positive return on equity of 4.02%. During the same quarter last year, the company earned $0.06 earnings per share. On average, equities analysts predict that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 2nd were given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date was Thursday, August 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is -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.