Kearny Financial Corp. (KRNY) To Go Ex-Dividend on November 28th
Kearny Financial Corp. (NASDAQ:KRNY) announced a quarterly dividend on Thursday, November 17th. Investors of record on Wednesday, November 30th will be paid a dividend of 0.02 per share on Wednesday, December 14th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Monday, November 28th.
Shares of Kearny Financial Corp. (NASDAQ:KRNY) opened at 15.15 on Wednesday. The company’s 50 day moving average price is $14.12 and its 200-day moving average price is $13.44. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 76.90 and a beta of 0.57. Kearny Financial Corp. has a 52 week low of $11.31 and a 52 week high of $15.25.
Several equities research analysts have commented on the company. Compass Point lowered Kearny Financial Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, November 18th. Keefe, Bruyette & Woods boosted their price objective on Kearny Financial Corp. from $13.00 to $13.50 and gave the stock a “market perform” rating in a research note on Wednesday, September 7th.
Several large investors have recently bought and sold shares of KRNY. Price T Rowe Associates Inc. MD raised its stake in Kearny Financial Corp. by 1.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 4,925,008 shares of the company’s stock worth $67,029,000 after buying an additional 66,620 shares during the period. Verition Fund Management LLC bought a new stake in Kearny Financial Corp. during the third quarter worth about $179,000. The Manufacturers Life Insurance Company bought a new stake in Kearny Financial Corp. during the third quarter worth about $7,713,000. Two Sigma Advisers LP raised its stake in Kearny Financial Corp. by 368.8% in the third quarter. Two Sigma Advisers LP now owns 247,350 shares of the company’s stock worth $3,366,000 after buying an additional 194,584 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Kearny Financial Corp. by 4,319.8% in the third quarter. Principal Financial Group Inc. now owns 544,914 shares of the company’s stock worth $7,416,000 after buying an additional 532,585 shares during the period. Institutional investors and hedge funds own 65.91% of the company’s stock.
Kearny Financial Corp. 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.
Receive News & Stock Ratings for Kearny Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kearny Financial Corp. and related stocks with our FREE daily email newsletter.