Millennium Management LLC lessened its position in Charter Financial Corp (Maryland) (NASDAQ:CHFN) by 32.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,686 shares of the bank’s stock after selling 12,922 shares during the quarter. Millennium Management LLC’s holdings in Charter Financial Corp (Maryland) were worth $644,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHFN. Chicago Capital Management LLC purchased a new position in shares of Charter Financial Corp (Maryland) in the second quarter valued at approximately $24,168,000. BlackRock Inc. lifted its position in Charter Financial Corp (Maryland) by 31.7% during the second quarter. BlackRock Inc. now owns 822,678 shares of the bank’s stock worth $19,867,000 after buying an additional 197,992 shares in the last quarter. Dupont Capital Management Corp purchased a new position in Charter Financial Corp (Maryland) during the second quarter worth approximately $2,048,000. OMERS ADMINISTRATION Corp purchased a new position in Charter Financial Corp (Maryland) during the second quarter worth approximately $1,408,000. Finally, Renaissance Technologies LLC lifted its position in Charter Financial Corp (Maryland) by 5.2% during the second quarter. Renaissance Technologies LLC now owns 1,065,459 shares of the bank’s stock worth $25,731,000 after buying an additional 53,000 shares in the last quarter. Institutional investors and hedge funds own 66.60% of the company’s stock.

In related news, President Lee Washam sold 27,762 shares of Charter Financial Corp (Maryland) stock in a transaction that occurred on Tuesday, August 21st. The stock was sold at an average price of $24.61, for a total transaction of $683,222.82. Following the transaction, the president now owns 117,597 shares in the company, valued at $2,894,062.17. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 12.10% of the company’s stock.

CHFN has been the topic of a number of analyst reports. BidaskClub downgraded Charter Financial Corp (Maryland) from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 31st. ValuEngine downgraded Charter Financial Corp (Maryland) from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th.

Shares of Charter Financial Corp (Maryland) stock opened at $24.91 on Friday. Charter Financial Corp has a one year low of $15.92 and a one year high of $26.01.

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About Charter Financial Corp (Maryland)

Charter Financial Corporation operates as the holding company for CharterBank, a federally-chartered savings bank that provides various banking products and services to individuals and businesses in the United States. The company's deposit products include checking, money market, regular savings, and term certificate accounts, as well as noninterest-bearing demand deposits.

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Institutional Ownership by Quarter for Charter Financial Corp (Maryland) (NASDAQ:CHFN)

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