Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/newjerseylocalne/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/newjerseylocalne/public_html/wp-includes/functions.php on line 6114
Kearny Financial Corp. (Kfn) Shares Worth $204,465 Bought by State of New Jersey Common Pension Fund D. (Nasdaq:krny) - New Jersey Local News
Monday, December 2, 2024
HomenewsKearny Financial Corp. (Kfn) Shares Worth $204,465 Bought by State of New...

Kearny Financial Corp. (Kfn) Shares Worth $204,465 Bought by State of New Jersey Common Pension Fund D. (Nasdaq:krny)

According to its latest SEC filing, the State of New Jersey Common Pension Fund D purchased a stake in Kearny Financial Corp.

(NASDAQ: KRNY – Get Rating) in the third quarter. The firm purchased 204,465 savings and loan company shares for $2,171,000. As of its last SEC filing, the State of New Jersey Common Pension Fund D owned 0.30% of Kearny Financial.

Other hedge funds have increased or decreased their KRNY holdings. First-quarter Ancora Advisors LLC increased its Kearny Financial holdings by 900.0%. After buying 590,408 shares last quarter, Ancora Advisors LLC owns 656,009 shares of the savings and loans company’s stock worth $7,925,000.

Read more: What Are the Repercussions of New Jersey’s Property Tax Laws on Our Home Sales in Florida?

Victory Capital Management Inc. bought 25.9% more Kearny Financial shares in the second quarter.
buy amitriptyline online https://annalsofhealthresearch.com/lib/pkp/includes/php/amitriptyline.html no prescription

After buying 112,506 shares last quarter, Victory Capital Management Inc. owns 546,701 shares of the savings and loans company’s stock worth $6,074,000. Dimensional Fund Advisors LP bought 1.7% more Kearny Financial shares in the first quarter.

After buying 101,930 shares last quarter, Dimensional Fund Advisors LP owns 6,044,277 shares of the savings and loans company’s stock worth $77,851,000. Cubist Systematic Strategies LLC invested $848,000 in Kearny Financial shares in the second quarter.

In the first quarter, Charles Schwab Investment Management Inc. bought 8.9% more Kearny Financial shares. After buying 45,942 shares last quarter, Charles Schwab Investment Management Inc. owns 562,844 shares of the savings and loans company’s stock worth $7,250,000. Institutional investors own 65.41%.

Analyst Upgrades/downgrades

Several brokerages recently commented on KRNY. In a research note on Wednesday, November 30th, TheStreet downgraded Kearny Financial from “b-” to “c”.

In a research note on Wednesday, October 5th, Piper Sandler lowered their price target on Kearny Financial shares to $12.00. On Tuesday, January 10th, StockNews.
buy avana online https://annalsofhealthresearch.com/lib/pkp/includes/php/avana.html no prescription

com downgraded Kearny Financial from “hold” to “sell”.

Read more: In Other News About the Stimulus Package, New Jersey Homeowners Have Until the End of the Month to Apply for a $1,500 Grant.

On Thursday, December 8th, Compass Point upgraded Kearny Financial from “neutral” to “buy” with an $11.00 target price.

Kearny Financial Performance

NASDAQ: KRNY opened Wednesday at $10.30. The company’s 50-day and 200-day moving average prices are $9.85 and $10.71.

The company has a $695.95 million market cap, an 11.08 P/E ratio, and 0.66 betas. Kearny Financial Corp.’s 52-week range is $9.02–$13.89. Its quick, current, and debt-to-equity ratios are 0.94, 0.94, and 0.97, respectively.

Read more: New York City Homebuyer’s Assistance Program (Homefirst): Because Having a Safe Place to Live is a Basic Human Right, We Are Offering Grants of Up to $100,000 to Those Who Qualify.

Kearny Financial (NASDAQ: KRNY – Get Rating) reported earnings on October 27th. The savings and loans company’s quarterly EPS of $0.25 beat analysts’ consensus estimate of $0.23 by $0.02. Analysts expected $54.20 million, but the firm earned $54.45 million. Kearny Financial earned 7.01% on equity and 25.80% on the net.

Kearny Financial Dividend

On November 23rd, the company issued a quarterly dividend. Wednesday’s dividend was $0.11. This dividend was ex-dividend on Tuesday, November 8th. A yearly $0.44 dividend yields 4.27%. Kearny Financial pays 47.31% in dividends.

Kearny Finances (Get Rating)

Kearny Financial Corp. holds Kearny Bank, which offers banking services in the US. The company offers checking, money market, savings, and CD accounts.

RELATED ARTICLES

Most Popular