WINTON GROUP Ltd decreased its position in Capitol Federal Financial (NASDAQ:CFFN – Free Report) by 46.4% during the 2nd quarter, Holdings Channel reports. The firm owned 90,777 shares of the savings and loans company’s stock after selling 78,675 shares during the quarter. WINTON GROUP Ltd’s holdings in Capitol Federal Financial were worth $773,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new position in Capitol Federal Financial in the second quarter valued at about $152,515,000. Dimensional Fund Advisors LP boosted its position in Capitol Federal Financial by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,790,130 shares of the savings and loans company’s stock valued at $48,413,000 after buying an additional 263,238 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Capitol Federal Financial by 10.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,264,146 shares of the savings and loans company’s stock valued at $23,273,000 after buying an additional 309,342 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Capitol Federal Financial in the 2nd quarter valued at $9,966,000. Finally, California State Teachers Retirement System increased its stake in shares of Capitol Federal Financial by 743.1% in the 2nd quarter. California State Teachers Retirement System now owns 971,076 shares of the savings and loans company’s stock valued at $8,264,000 after buying an additional 855,901 shares during the period. Institutional investors and hedge funds own 88.51% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on CFFN shares. Benchmark assumed coverage on Capitol Federal Financial in a research report on Wednesday, July 8th. They set a “buy” rating and a $10.00 target price for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Capitol Federal Financial in a report on Friday, August 7th. Piper Sandler lifted their price objective on Capitol Federal Financial from $8.50 to $9.50 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Finally, New Street Research set a $10.00 price objective on Capitol Federal Financial in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Capitol Federal Financial currently has an average rating of “Moderate Buy” and a consensus price target of $9.25.
Capitol Federal Financial Trading Up 1.0%
Shares of NASDAQ CFFN opened at $8.91 on Tuesday. Capitol Federal Financial has a fifty-two week low of $5.97 and a fifty-two week high of $9.26. The firm has a market capitalization of $1.12 billion, a P/E ratio of 13.71 and a beta of 0.68. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.20 and a quick ratio of 1.20. The company’s 50 day simple moving average is $8.70 and its 200 day simple moving average is $8.02.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last released its earnings results on Wednesday, July 29th. The savings and loans company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $60.15 million during the quarter, compared to analyst estimates of $58.65 million. Capitol Federal Financial had a net margin of 18.69% and a return on equity of 8.01%.
Capitol Federal Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, August 7th. Capitol Federal Financial’s dividend payout ratio (DPR) is currently 52.31%.
About Capitol Federal Financial
Capitol Federal Financial, Inc is the holding company for Capitol Federal Savings Bank, a federally chartered savings bank headquartered in Topeka, Kansas. The company provides banking and financial services primarily to individuals, families and businesses through its branch network and digital banking channels.
Capitol Federal Savings Bank’s principal activities include accepting deposits and originating loans. Its lending products include residential mortgage and home equity loans, commercial real estate and commercial business loans, and consumer loans.
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