Kearny Financial Corp. (NASDAQ:KRNY) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation. Kearny Financial’s rating score has improved by 14.3% in the last 90 days as a result of a number of analysts’ ratings changes.

Zacks has also given Kearny Financial an industry rank of 94 out of 255 based on the ratings given to related companies.

A number of analysts recently commented on the stock. BidaskClub upgraded shares of Kearny Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, April 24th. ValuEngine upgraded shares of Kearny Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd.

In other Kearny Financial news, Director Leopold W. Montanaro purchased 4,000 shares of Kearny Financial stock in a transaction on Thursday, May 3rd. The stock was bought at an average cost of $14.09 per share, with a total value of $56,360.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Craig Montanaro sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 12th. The stock was sold at an average price of $14.15, for a total transaction of $99,050.00. The disclosure for this sale can be found here. Insiders sold a total of 19,000 shares of company stock valued at $267,820 over the last quarter. 3.78% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of KRNY. Two Sigma Advisers LP purchased a new position in Kearny Financial during the 4th quarter worth approximately $166,000. Beese Fulmer Investment Management Inc. purchased a new position in Kearny Financial during the 2nd quarter worth approximately $185,000. Fox Run Management L.L.C. purchased a new position in Kearny Financial during the 2nd quarter worth approximately $284,000. Oppenheimer Asset Management Inc. raised its position in Kearny Financial by 75.8% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 21,914 shares of the savings and loans company’s stock worth $285,000 after buying an additional 9,451 shares during the last quarter. Finally, Creative Planning raised its position in Kearny Financial by 93.2% during the 2nd quarter. Creative Planning now owns 21,260 shares of the savings and loans company’s stock worth $286,000 after buying an additional 10,256 shares during the last quarter. 51.17% of the stock is owned by institutional investors.

KRNY stock traded up $0.05 during trading on Friday, reaching $13.85. The company had a trading volume of 209,038 shares, compared to its average volume of 299,350. The stock has a market capitalization of $1.41 billion, a PE ratio of 53.08 and a beta of 0.57. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.86. Kearny Financial has a twelve month low of $12.75 and a twelve month high of $15.60.

Kearny Financial (NASDAQ:KRNY) last released its earnings results on Friday, April 27th. The savings and loans company reported $0.08 EPS for the quarter. The company had revenue of $30.61 million during the quarter. Kearny Financial had a net margin of 9.92% and a return on equity of 2.01%.

Kearny Financial Company Profile

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. It offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts.

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