Point72 Asia Singapore Pte. Ltd. Makes New Investment in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Point72 Asia Singapore Pte. Ltd. bought a new stake in Capitol Federal Financial, Inc. (NASDAQ:CFFN) during the 3rd quarter, HoldingsChannel reports. The firm bought 14,079 shares of the savings and loans company’s stock, valued at approximately $82,000.

A number of other institutional investors and hedge funds have also modified their holdings of CFFN. AQR Capital Management LLC boosted its holdings in 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 during the last quarter. Marshall Wace LLP purchased a new position in shares of Capitol Federal Financial in the second quarter valued at approximately $1,876,000. Renaissance Technologies LLC lifted its position 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 in the last quarter. Assenagon Asset Management S.A. boosted its stake 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 worth $3,341,000 after acquiring an additional 202,614 shares during the last quarter. Finally, Millennium Management LLC increased its position in shares of 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 purchasing an additional 182,683 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Capitol Federal Financial Trading Up 0.9 %

CFFN opened at $6.69 on Friday. The firm has a market capitalization of $888.26 million, a price-to-earnings ratio of 23.07 and a beta of 0.48. The company’s 50 day simple moving average is $6.42 and its two-hundred day simple moving average is $5.94. Capitol Federal Financial, Inc. has a 1-year low of $4.76 and a 1-year high of $7.20. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.34.

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

Capitol Federal Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio is currently 117.24%.

Insider Buying and Selling

In other Capitol Federal Financial news, Director James G. Morris acquired 15,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was bought at an average cost of $6.84 per share, for a total transaction of $102,600.00. Following the completion of the transaction, the director now owns 85,995 shares of the company’s stock, valued at approximately $588,205.80. The trade was a 21.13 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is owned by company insiders.

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.