2 weeks Ago By ABMN Staff
Geode Capital Management LLC boosted its holdings in shares of Kearny Financial Corp. ( NASDAQ:KRNY – Free Report ) by 0.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 1,354,977 shares of the savings and loans company’s stock after buying an additional 2,001 shares during the quarter. Geode Capital Management LLC’s holdings in Kearny Financial were worth $9,595,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently bought and sold shares of the company.
Quantbot Technologies LP lifted its position in Kearny Financial by 13.1% during the fourth quarter. Quantbot Technologies LP now owns 12,784 shares of the savings and loans company’s stock worth $91,000 after acquiring an additional 1,476 shares during the last quarter.
Franklin Resources Inc. increased its stake in shares of Kearny Financial by 2.8% during the third quarter.
Franklin Resources Inc. now owns 57,506 shares of the savings and loans company’s stock worth $404,000 after purchasing an additional 1,576 shares during the period. FMR LLC lifted its holdings in Kearny Financial by 40.
4% during the 3rd quarter. FMR LLC now owns 8,495 shares of the savings and loans company’s stock worth $58,000 after purchasing an additional 2,445 shares during the last quarter. Empowered Funds LLC boosted its stake in Kearny Financial by 5.
0% in the 4th quarter. Empowered Funds LLC now owns 166,738 shares of the savings and loans company’s stock valued at $1,181,000 after purchasing an additional 7,983 shares during the period. Finally, American Century Companies Inc.
grew its holdings in Kearny Financial by 2.3% in the 4th quarter. American Century Companies Inc.
now owns 407,861 shares of the savings and loans company’s stock valued at $2,888,000 after buying an additional 9,255 shares in the last quarter. Institutional investors own 71.01% of the company’s stock.
Analyst Ratings Changes Separately, Piper Sandler raised Kearny Financial from a “neutral” rating to an “overweight” rating and dropped their target price for the stock from $9.00 to $8.50 in a report on Monday, January 6th.
Insider Buying and Selling In other news, Director Melvina Wong-Zaza acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average cost of $7.23 per share, with a total value of $36,150.
00. Following the completion of the purchase, the director now directly owns 27,535 shares of the company’s stock, valued at $199,078.05.
The trade was a 22.19 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link .
8.56% of the stock is currently owned by company insiders. Kearny Financial Stock Performance Shares of NASDAQ:KRNY opened at $6.
16 on Thursday. Kearny Financial Corp. has a 12-month low of $5.
28 and a 12-month high of $8.59. The company’s 50 day moving average price is $6.
34 and its two-hundred day moving average price is $7.04. The firm has a market cap of $397.
81 million, a PE ratio of -5.45 and a beta of 0.70.
The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.
69. Kearny Financial ( NASDAQ:KRNY – Get Free Report ) last posted its quarterly earnings data on Thursday, January 30th. The savings and loans company reported $0.
10 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02).
Kearny Financial had a positive return on equity of 3.31% and a negative net margin of 20.05%.
Kearny Financial Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a $0.11 dividend.
This represents a $0.44 dividend on an annualized basis and a yield of 7.14%.
The ex-dividend date of this dividend was Wednesday, February 12th. Kearny Financial’s dividend payout ratio (DPR) is presently -38.94%.
About Kearny Financial ( Free Report ) Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. It offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts.
Read More Want to see what other hedge funds are holding KRNY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kearny Financial Corp. ( NASDAQ:KRNY – Free Report ).
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