Kearny Financial (NASDAQ:KRNY – Get Free Report) had its price objective boosted by stock analysts at Keefe, Bruyette & Woods from $6.00 to $7.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has a “market perform” rating on the savings and loans company’s stock. Keefe, Bruyette & Woods’ target price points to a potential upside of 0.43% from the stock’s previous close.
Kearny Financial Trading Down 2.7 %
KRNY opened at $6.97 on Tuesday. The business’s 50 day moving average price is $5.99 and its 200 day moving average price is $6.26. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $449.15 million, a PE ratio of 27.88 and a beta of 0.78. Kearny Financial has a one year low of $5.28 and a one year high of $9.46.
Insider Transactions at Kearny Financial
In other news, Director Melvina Wong-Zaza bought 8,340 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were bought at an average price of $5.95 per share, with a total value of $49,623.00. Following the completion of the transaction, the director now directly owns 14,935 shares in the company, valued at $88,863.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Melvina Wong-Zaza bought 8,340 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was bought at an average cost of $5.95 per share, for a total transaction of $49,623.00. Following the acquisition, the director now directly owns 14,935 shares of the company’s stock, valued at approximately $88,863.25. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Charles J. Pivirotto purchased 5,160 shares of the business’s stock in a transaction on Monday, May 13th. The shares were acquired at an average price of $5.76 per share, for a total transaction of $29,721.60. Following the completion of the purchase, the director now directly owns 59,573 shares of the company’s stock, valued at $343,140.48. The disclosure for this purchase can be found here. Company insiders own 8.22% of the company’s stock.
Hedge Funds Weigh In On Kearny Financial
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. The company 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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