Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 219,045 shares of the savings and loans company’s stock after selling 6,577 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.17% of Capitol Federal Financial worth $1,279,000 at the end of the most recent quarter.

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 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 acquiring an additional 203,200 shares during the period. AQR Capital Management LLC boosted its stake in Capitol Federal Financial by 59.9% during 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 purchasing an additional 560,103 shares during the period. Millennium Management LLC grew its position in 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 during the last quarter. Panagora Asset Management Inc. increased its stake in Capitol Federal Financial by 7.0% in the second quarter. Panagora Asset Management Inc. now owns 644,737 shares of the savings and loans company’s stock valued at $3,540,000 after purchasing an additional 41,990 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings 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 buying an additional 202,614 shares during the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Stock Performance

NASDAQ CFFN opened at $6.68 on Monday. The stock has a market capitalization of $886.70 million, a price-to-earnings ratio of 23.04 and a beta of 0.47. The business’s 50 day moving average is $6.33 and its two-hundred day moving average is $5.89. Capitol Federal Financial, Inc. has a 12-month low of $4.76 and a 12-month high of $7.20. The company has a current ratio of 1.31, a quick ratio of 1.34 and a debt-to-equity ratio of 2.11.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Capitol Federal Financial had a return on equity of 4.69% and a net margin of 9.95%. The firm had revenue of $101.65 million for the quarter, compared to analyst estimates of $45.40 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. Research analysts expect that Capitol Federal Financial, Inc. will post 0.45 EPS for the current year.

Capitol Federal Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a $0.085 dividend. The ex-dividend date was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.09%. Capitol Federal Financial’s dividend payout ratio is presently 117.25%.

Analysts Set New Price Targets

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

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.