Shares of Charter Financial Corp. (NASDAQ:CHFN) reached a new 52-week high and low on Friday . The company traded as low as $22.85 and last traded at $22.57, with a volume of 55274 shares. The stock had previously closed at $22.44.

A number of analysts have weighed in on CHFN shares. BidaskClub upgraded Charter Financial from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Sandler O’Neill restated a “buy” rating and set a $23.00 target price on shares of Charter Financial in a report on Wednesday, March 28th.

The company has a debt-to-equity ratio of 0.29, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $341.53, a price-to-earnings ratio of 23.76 and a beta of 0.38.

Charter Financial (NASDAQ:CHFN) last posted its earnings results on Friday, January 26th. The bank reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. Charter Financial had a return on equity of 6.12% and a net margin of 17.69%. The company had revenue of $19.70 million during the quarter, compared to analyst estimates of $18.17 million.

Institutional investors and hedge funds have recently modified their holdings of the company. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Charter Financial by 3,041.2% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 7,319 shares of the bank’s stock valued at $128,000 after purchasing an additional 7,086 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Charter Financial in the 4th quarter valued at $166,000. AXA acquired a new position in shares of Charter Financial in the 4th quarter valued at $247,000. Mackenzie Financial Corp increased its position in shares of Charter Financial by 42.4% in the 4th quarter. Mackenzie Financial Corp now owns 20,308 shares of the bank’s stock valued at $356,000 after acquiring an additional 6,051 shares during the period. Finally, Sapphire Star Partners LP acquired a new position in shares of Charter Financial in the 4th quarter valued at $510,000. Hedge funds and other institutional investors own 66.15% of the company’s stock.

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Charter Financial Company Profile

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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