Kearny Financial (NASDAQ:KRNY) Director Joseph P. Mazza sold 1,000 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $14.65, for a total transaction of $14,650.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Kearny Financial (NASDAQ:KRNY) opened at $14.55 on Wednesday. The company has a market cap of $1,182.86, a PE ratio of 63.48 and a beta of 0.56. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.80. Kearny Financial has a 12-month low of $13.35 and a 12-month high of $15.95.

Kearny Financial (NASDAQ:KRNY) last released its quarterly earnings results on Monday, October 30th. The savings and loans company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. The business had revenue of $29.90 million during the quarter. Kearny Financial had a net margin of 12.31% and a return on equity of 1.79%.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.03 per share. The ex-dividend date is Tuesday, December 5th. This represents a $0.12 annualized dividend and a dividend yield of 0.82%. Kearny Financial’s dividend payout ratio is currently 52.17%.

Several institutional investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. grew its position in Kearny Financial by 243.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 9,972 shares of the savings and loans company’s stock valued at $148,000 after buying an additional 7,068 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Kearny Financial by 546.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,070 shares of the savings and loans company’s stock valued at $164,000 after buying an additional 9,358 shares in the last quarter. Greenwood Capital Associates LLC grew its position in Kearny Financial by 6.9% in the 2nd quarter. Greenwood Capital Associates LLC now owns 16,316 shares of the savings and loans company’s stock valued at $242,000 after buying an additional 1,054 shares in the last quarter. Victory Capital Management Inc. grew its position in Kearny Financial by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 18,007 shares of the savings and loans company’s stock valued at $267,000 after buying an additional 2,698 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in Kearny Financial in the 3rd quarter valued at about $304,000. Institutional investors and hedge funds own 62.44% of the company’s stock.

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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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