Point72 DIFC Ltd Acquires New Shares in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Point72 DIFC Ltd bought a new position in shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,270 shares of the savings and loans company’s stock, valued at approximately $66,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CFFN. IFS Advisors LLC raised its holdings in Capitol Federal Financial by 1,865.5% in the 3rd quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after buying an additional 4,216 shares during the period. KBC Group NV boosted its stake in shares of Capitol Federal Financial by 59.8% in the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock valued at $54,000 after purchasing an additional 3,463 shares during the period. Wealthstream Advisors Inc. acquired a new position in shares of Capitol Federal Financial in the second quarter valued at approximately $55,000. GAMMA Investing LLC lifted its holdings in Capitol Federal Financial by 20.7% during the 3rd quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock worth $68,000 after buying an additional 1,995 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Capitol Federal Financial by 533.2% in the second quarter. CWM LLC now owns 11,783 shares of the savings and loans company’s stock worth $65,000 after acquiring an additional 9,922 shares in the last quarter. Hedge funds and other institutional investors own 88.51% of the company’s stock.

Insider Activity

In related news, Director James G. Morris purchased 15,000 shares of Capitol Federal Financial stock in a transaction that occurred on 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 transaction, the director now directly owns 85,995 shares in the company, valued at approximately $588,205.80. The trade was a 21.13 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.20% of the company’s stock.

Capitol Federal Financial Price Performance

Capitol Federal Financial stock opened at $6.62 on Tuesday. The stock has a market cap of $878.94 million, a P/E ratio of 22.83 and a beta of 0.48. The company has a fifty day simple moving average of $6.43 and a 200-day simple moving average of $5.96. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 2.11. Capitol Federal Financial, Inc. has a 12-month low of $4.76 and a 12-month high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $101.65 million during the quarter, compared to analysts’ expectations of $45.40 million. During the same period in the prior year, the firm posted $0.04 EPS. Equities analysts expect that Capitol Federal Financial, Inc. will post 0.45 EPS for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.34 dividend on an annualized basis and a yield of 5.14%. Capitol Federal Financial’s payout ratio is currently 117.25%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lifted their target price on Capitol Federal Financial from $6.50 to $7.00 and gave the company a “neutral” rating in a 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.