Deprince Race & Zollo Inc. Has $2,632,000 Position in Charter Financial Corp. (CHFN)
Deprince Race & Zollo Inc. decreased its stake in shares of Charter Financial Corp. (NASDAQ:CHFN) by 30.6% during the second quarter, Holdings Channel reports. The fund owned 198,174 shares of the company’s stock after selling 87,527 shares during the period. Deprince Race & Zollo Inc.’s holdings in Charter Financial Corp. were worth $2,632,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Charter Financial Corp. by 31.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 21,718 shares of the company’s stock valued at $293,000 after buying an additional 5,250 shares during the last quarter. State Street Corp increased its stake in shares of Charter Financial Corp. by 1.4% in the first quarter. State Street Corp now owns 293,222 shares of the company’s stock valued at $3,955,000 after buying an additional 4,010 shares during the last quarter. Finally, Acadian Asset Management LLC increased its stake in shares of Charter Financial Corp. by 3.5% in the second quarter. Acadian Asset Management LLC now owns 424,910 shares of the company’s stock valued at $5,643,000 after buying an additional 14,458 shares during the last quarter. Hedge funds and other institutional investors own 63.47% of the company’s stock.
Shares of Charter Financial Corp. (NASDAQ:CHFN) traded down 0.24% during mid-day trading on Friday, reaching $12.66. The company had a trading volume of 13,480 shares. Charter Financial Corp. has a 12 month low of $12.34 and a 12 month high of $14.76. The company has a market capitalization of $179.57 million, a price-to-earnings ratio of 22.53 and a beta of 0.15. The firm’s 50-day moving average is $13.00 and its 200 day moving average is $13.14.
Charter Financial Corp. (NASDAQ:CHFN) last issued its quarterly earnings data on Friday, July 29th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.10. Charter Financial Corp. had a return on equity of 4.94% and a net margin of 13.87%. On average, equities research analysts predict that Charter Financial Corp. will post $0.75 earnings per share for the current year.
Charter Financial Corp. Company Profile
Charter Financial Corporation is the savings and loan holding company for CharterBank (the Bank). The Bank is a federally-chartered savings bank. Its principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, one- to four-family residential mortgage loans, construction loans and investment securities, commercial business loans, home equity loans and lines of credit, and other consumer loans.
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