Assenagon Asset Management S.A. Buys 13,777 Shares of Capitol Federal Financial (NASDAQ:CFFN)

Assenagon Asset Management S.A. raised its stake in Capitol Federal Financial (NASDAQ:CFFN) by 62.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,939 shares of the savings and loans company’s stock after acquiring an additional 13,777 shares during the period. Assenagon Asset Management S.A.’s holdings in Capitol Federal Financial were worth $201,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in shares of Capitol Federal Financial by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,721,291 shares of the savings and loans company’s stock worth $33,813,000 after purchasing an additional 47,436 shares during the period. Renaissance Technologies LLC grew its stake in Capitol Federal Financial by 3.2% during the fourth quarter. Renaissance Technologies LLC now owns 4,734,897 shares of the savings and loans company’s stock worth $27,983,000 after buying an additional 148,118 shares in the last quarter. Geode Capital Management LLC increased its holdings in Capitol Federal Financial by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,860,278 shares of the savings and loans company’s stock valued at $16,909,000 after buying an additional 15,578 shares during the period. AQR Capital Management LLC raised its position in shares of Capitol Federal Financial by 11.2% in the 4th quarter. AQR Capital Management LLC now owns 1,807,151 shares of the savings and loans company’s stock valued at $10,680,000 after buying an additional 182,613 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Capitol Federal Financial by 28.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,755,620 shares of the savings and loans company’s stock valued at $10,376,000 after buying an additional 387,045 shares in the last quarter. 88.51% of the stock is currently owned by institutional investors.

Capitol Federal Financial Stock Performance

NASDAQ CFFN opened at $5.78 on Friday. The firm’s 50 day simple moving average is $5.67 and its 200 day simple moving average is $5.80. The firm has a market capitalization of $767.58 million, a price-to-earnings ratio of 14.45 and a beta of 0.54. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 2.07. Capitol Federal Financial has a 1 year low of $4.90 and a 1 year high of $7.20.

Capitol Federal Financial (NASDAQ:CFFN) last issued its earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Capitol Federal Financial had a return on equity of 5.10% and a net margin of 12.91%. The firm had revenue of $48.79 million for the quarter, compared to the consensus estimate of $47.81 million. As a group, research analysts expect that Capitol Federal Financial will post 0.46 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, May 16th. Shareholders of record on Friday, May 2nd were given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date was Friday, May 2nd. Capitol Federal Financial’s dividend payout ratio is presently 85.00%.

Insiders Place Their Bets

In related news, Director Jeffrey M. Johnson acquired 20,000 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average cost of $5.56 per share, for a total transaction of $111,200.00. Following the transaction, the director now directly owns 132,900 shares in the company, valued at $738,924. This trade represents a 17.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James G. Morris bought 15,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were bought at an average cost of $5.66 per share, for a total transaction of $84,900.00. Following the purchase, the director now owns 100,995 shares of the company’s stock, valued at approximately $571,631.70. The trade was a 17.44% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 60,000 shares of company stock valued at $337,750. 3.20% of the stock is currently owned by corporate 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.