Intech Investment Management LLC Invests $203,000 in Capitol Federal Financial, Inc. (NASDAQ:CFFN)

Intech Investment Management LLC acquired a new position in Capitol Federal Financial, Inc. (NASDAQ:CFFN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 36,921 shares of the savings and loans company’s stock, valued at approximately $203,000.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Personalized Indexing Management LLC increased its stake in shares of Capitol Federal Financial by 75.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 23,162 shares of the savings and loans company’s stock worth $127,000 after purchasing an additional 9,976 shares during the period. Renaissance Technologies LLC increased its stake 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 worth $23,827,000 after purchasing an additional 203,200 shares during the period. WINTON GROUP Ltd increased its stake in shares of Capitol Federal Financial by 12.6% in the second quarter. WINTON GROUP Ltd now owns 27,172 shares of the savings and loans company’s stock worth $149,000 after purchasing an additional 3,050 shares during the period. Texas Permanent School Fund Corp increased its stake in shares of Capitol Federal Financial by 20.3% in the second quarter. Texas Permanent School Fund Corp now owns 129,948 shares of the savings and loans company’s stock worth $713,000 after purchasing an additional 21,921 shares during the period. Finally, Choreo LLC bought a new position in shares of Capitol Federal Financial in the second quarter worth about $111,000. 88.51% of the stock is currently owned by institutional investors.

Capitol Federal Financial Price Performance

NASDAQ CFFN opened at $5.77 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.25. The stock’s 50 day moving average is $5.92 and its two-hundred day moving average is $5.57. The company has a market capitalization of $771.64 million, a price-to-earnings ratio of -6.14 and a beta of 0.49. Capitol Federal Financial, Inc. has a 1-year low of $4.22 and a 1-year high of $6.82.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Wednesday, July 24th. The savings and loans company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The company had revenue of $99.70 million for the quarter, compared to analyst estimates of $47.23 million. Capitol Federal Financial had a negative net margin of 33.33% and a positive return on equity of 4.02%. During the same period in the previous year, the firm posted $0.06 earnings per share. Equities analysts forecast that Capitol Federal Financial, Inc. will post 0.35 earnings per share for the current fiscal year.

Capitol Federal Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date of this dividend was Thursday, August 1st. Capitol Federal Financial’s payout ratio is -36.17%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CFFN. Keefe, Bruyette & Woods boosted their price target on Capitol Federal Financial from $6.00 to $6.50 and gave the company a “market perform” rating in a research note on Thursday, July 25th. Piper Sandler boosted their price target on Capitol Federal Financial from $5.50 to $7.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Finally, StockNews.com upgraded Capitol Federal Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, July 17th.

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.