Chicago Equity Partners LLC bought a new stake in shares of Kearny Financial (NASDAQ:KRNY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 73,320 shares of the savings and loans company’s stock, valued at approximately $1,059,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. boosted its position in Kearny Financial by 1.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 385,413 shares of the savings and loans company’s stock valued at $5,570,000 after buying an additional 3,716 shares during the period. GSA Capital Partners LLP boosted its position in Kearny Financial by 457.3% during the 3rd quarter. GSA Capital Partners LLP now owns 72,390 shares of the savings and loans company’s stock valued at $1,111,000 after buying an additional 59,400 shares during the period. Dimensional Fund Advisors LP boosted its position in Kearny Financial by 6.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,888,652 shares of the savings and loans company’s stock valued at $75,041,000 after buying an additional 281,128 shares during the period. Citadel Advisors LLC boosted its position in Kearny Financial by 142.7% during the 3rd quarter. Citadel Advisors LLC now owns 38,557 shares of the savings and loans company’s stock valued at $592,000 after buying an additional 22,673 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Kearny Financial by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 569,296 shares of the savings and loans company’s stock valued at $8,738,000 after buying an additional 65,553 shares during the period. 63.62% of the stock is currently owned by institutional investors.

In other news, Director Theodore J. Aanensen sold 3,500 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $14.49, for a total value of $50,715.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Matthew T. Mcclane sold 13,804 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $14.42, for a total transaction of $199,053.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,804 shares of company stock valued at $286,334. Corporate insiders own 3.78% of the company’s stock.

Shares of Kearny Financial (NASDAQ KRNY) opened at $12.85 on Friday. Kearny Financial has a 12-month low of $12.75 and a 12-month high of $15.80. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1,038.44, a price-to-earnings ratio of 67.64 and a beta of 0.49.

Kearny Financial (NASDAQ:KRNY) last posted its earnings results on Tuesday, January 30th. The savings and loans company reported $0.06 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.06. Kearny Financial had a net margin of 9.40% and a return on equity of 1.77%. The firm had revenue of $30.10 million during the quarter.

Several brokerages have weighed in on KRNY. BidaskClub raised shares of Kearny Financial from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 31st. Keefe, Bruyette & Woods reissued a “sell” rating and set a $13.50 price target on shares of Kearny Financial in a research report on Friday, February 2nd.

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Kearny Financial Company Profile

Kearny Bank is principally engaged in the business of attracting deposits from the general public at its 41 locations in New Jersey and using these deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. Loans originated or purchased by the Bank generally include loans collateralized by residential and commercial real estate augmented by secured and unsecured loans to businesses and consumers.

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Institutional Ownership by Quarter for Kearny Financial (NASDAQ:KRNY)

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