Charter Financial Corp. (NASDAQ:CHFN) insider Lee Washam sold 8,000 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $19.00, for a total value of $152,000.00. Following the transaction, the insider now directly owns 137,928 shares in the company, valued at approximately $2,620,632. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Lee Washam also recently made the following trade(s):

  • On Monday, December 4th, Lee Washam sold 17,400 shares of Charter Financial stock. The stock was sold at an average price of $18.78, for a total value of $326,772.00.

Charter Financial Corp. (NASDAQ CHFN) opened at $18.78 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.97 and a quick ratio of 0.97. Charter Financial Corp. has a 52-week low of $13.45 and a 52-week high of $21.10. The company has a market capitalization of $284.03, a PE ratio of 19.78 and a beta of 0.42.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 21st. Stockholders of record on Friday, November 10th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, November 9th. This is an increase from Charter Financial’s previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a dividend yield of 1.60%. Charter Financial’s dividend payout ratio (DPR) is currently 31.58%.

A number of large investors have recently bought and sold shares of CHFN. Deprince Race & Zollo Inc. acquired a new position in Charter Financial in the third quarter worth about $2,033,000. Janus Henderson Group PLC acquired a new position in Charter Financial in the second quarter valued at approximately $1,605,000. Quantum Capital Management acquired a new position in Charter Financial in the third quarter valued at approximately $1,165,000. Federated Investors Inc. PA boosted its stake in Charter Financial by 161.4% in the second quarter. Federated Investors Inc. PA now owns 98,532 shares of the bank’s stock valued at $1,774,000 after acquiring an additional 60,845 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in Charter Financial by 6.7% in the second quarter. Renaissance Technologies LLC now owns 934,982 shares of the bank’s stock valued at $16,830,000 after acquiring an additional 58,600 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

CHFN has been the topic of several research reports. ValuEngine lowered Charter Financial from a “buy” rating to a “hold” rating in a research report on Saturday, November 25th. BidaskClub lowered Charter Financial from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th.

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About Charter Financial

Charter Financial Corporation is a savings and loan holding company for CharterBank (the Bank). The Bank is a federally-chartered savings bank. The Bank’s 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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