Barclays PLC Increases Stock Position in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Barclays PLC grew its holdings in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) by 71.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 271,769 shares of the savings and loans company’s stock after buying an additional 113,106 shares during the period. Barclays PLC owned 0.20% of Capitol Federal Financial worth $1,587,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Renaissance Technologies LLC boosted its stake 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 acquiring an additional 203,200 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Capitol Federal Financial during the third quarter valued at approximately $152,000. 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 purchasing an additional 560,103 shares in the last quarter. Algert Global LLC purchased a new stake in shares of Capitol Federal Financial in the 2nd quarter worth approximately $70,000. Finally, Assenagon Asset Management S.A. increased its position in Capitol Federal Financial by 54.8% during the 3rd 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 in the last quarter. 88.51% of the stock is owned by hedge funds and other institutional investors.

Capitol Federal Financial Stock Down 3.5 %

NASDAQ:CFFN opened at $5.58 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a market cap of $740.88 million, a P/E ratio of 19.24 and a beta of 0.51. Capitol Federal Financial, Inc. has a fifty-two week low of $4.76 and a fifty-two week high of $7.20. The firm has a 50-day simple moving average of $6.43 and a two-hundred day simple moving average of $6.10.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $101.65 million during the quarter, compared to the consensus estimate 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 last year, the firm earned $0.04 earnings per share. Analysts predict that Capitol Federal Financial, Inc. will post 0.45 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were paid a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.

Insider Activity

In related news, Director James G. Morris acquired 15,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was purchased at an average cost of $6.84 per share, with a total value of $102,600.00. Following the completion of the acquisition, the director now directly owns 85,995 shares of the company’s stock, valued at approximately $588,205.80. This trade represents a 21.13 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.20% of the company’s stock.

Analysts Set New Price Targets

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

Capitol Federal Financial Company 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.