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

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

Several other hedge funds have also recently made changes to their positions in CFFN. IFS Advisors LLC boosted its holdings in Capitol Federal Financial by 1,865.5% in the third quarter. IFS Advisors LLC now owns 4,442 shares of the savings and loans company’s stock valued at $26,000 after purchasing an additional 4,216 shares during the last quarter. KBC Group NV boosted its holdings in Capitol Federal Financial by 59.8% during the third quarter. KBC Group NV now owns 9,256 shares of the savings and loans company’s stock worth $54,000 after buying an additional 3,463 shares in the last quarter. Wealthstream Advisors Inc. acquired a new stake in Capitol Federal Financial during the second quarter valued at $55,000. GAMMA Investing LLC increased its holdings in Capitol Federal Financial by 20.7% in the third quarter. GAMMA Investing LLC now owns 11,648 shares of the savings and loans company’s stock valued at $68,000 after buying an additional 1,995 shares in the last quarter. Finally, CWM LLC raised its position 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 during the period. 88.51% of the stock is owned by institutional investors and hedge funds.

Capitol Federal Financial Trading Down 1.0 %

Shares of NASDAQ:CFFN opened at $6.62 on Tuesday. The firm has a market capitalization of $878.94 million, a price-to-earnings ratio of 22.83 and a beta of 0.48. The business’s 50 day moving average price is $6.43 and its 200-day moving average price is $5.96. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.31 and a quick ratio of 1.31. Capitol Federal Financial, Inc. has a 1 year low of $4.76 and a 1 year high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last posted 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 company had revenue of $101.65 million for the quarter, compared to analysts’ expectations of $45.40 million. During the same period in the previous year, the firm posted $0.04 EPS. On average, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date of this dividend was Friday, November 1st. Capitol Federal Financial’s dividend payout ratio (DPR) is 117.25%.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised their target price 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.

Insider Transactions at Capitol Federal Financial

In related news, Director James G. Morris acquired 15,000 shares of the stock in a transaction on Monday, December 2nd. The shares were bought at an average price of $6.84 per share, with a total value of $102,600.00. Following the completion of the purchase, the director now owns 85,995 shares of the company’s stock, valued at approximately $588,205.80. This represents a 21.13 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.20% of the company’s stock.

Capitol Federal Financial 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.