Martingale Asset Management L P lessened its position in Charter Financial Corp (Maryland) (NASDAQ:CHFN) by 27.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 79,518 shares of the bank’s stock after selling 29,811 shares during the period. Martingale Asset Management L P owned approximately 0.52% of Charter Financial Corp (Maryland) worth $1,921,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Sapphire Star Partners LP grew its stake in Charter Financial Corp (Maryland) by 7.4% in the second quarter. Sapphire Star Partners LP now owns 31,936 shares of the bank’s stock valued at $771,000 after acquiring an additional 2,205 shares during the period. TIAA CREF Investment Management LLC grew its stake in Charter Financial Corp (Maryland) by 4.8% in the fourth quarter. TIAA CREF Investment Management LLC now owns 60,564 shares of the bank’s stock valued at $1,062,000 after acquiring an additional 2,788 shares during the period. Schwab Charles Investment Management Inc. grew its stake in Charter Financial Corp (Maryland) by 17.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 26,841 shares of the bank’s stock valued at $649,000 after acquiring an additional 3,982 shares during the period. MetLife Investment Advisors LLC acquired a new stake in Charter Financial Corp (Maryland) in the first quarter valued at approximately $127,000. Finally, Meeder Asset Management Inc. grew its stake in Charter Financial Corp (Maryland) by 897.4% in the second quarter. Meeder Asset Management Inc. now owns 7,022 shares of the bank’s stock valued at $170,000 after acquiring an additional 6,318 shares during the period. 66.60% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently issued reports on CHFN shares. BidaskClub cut Charter Financial Corp (Maryland) from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 1st. ValuEngine cut Charter Financial Corp (Maryland) from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th.

Shares of NASDAQ:CHFN opened at $24.73 on Friday. The company has a market cap of $372.10 million, a P/E ratio of 26.03 and a beta of 0.29. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.00 and a current ratio of 1.00. Charter Financial Corp has a 12-month low of $15.92 and a 12-month high of $26.01.

Charter Financial Corp (Maryland) (NASDAQ:CHFN) last announced its earnings results on Thursday, July 26th. The bank reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.05). The company had revenue of $19.99 million for the quarter, compared to analysts’ expectations of $19.01 million. Charter Financial Corp (Maryland) had a net margin of 19.70% and a return on equity of 7.34%.

In related news, President Lee Washam sold 13,000 shares of Charter Financial Corp (Maryland) stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $24.09, for a total transaction of $313,170.00. Following the transaction, the president now owns 155,008 shares of the company’s stock, valued at $3,734,142.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 12.10% of the stock is owned by insiders.

Charter Financial Corp (Maryland) 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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Institutional Ownership by Quarter for Charter Financial Corp (Maryland) (NASDAQ:CHFN)

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