PDT Partners LLC Has $326,000 Stock Holdings in Kearny Financial Corp. (NASDAQ:KRNY)

PDT Partners LLC lessened its holdings in Kearny Financial Corp. (NASDAQ:KRNY) by 19.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 47,442 shares of the savings and loans company’s stock after selling 11,564 shares during the quarter. PDT Partners LLC’s holdings in Kearny Financial were worth $326,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC raised its position in Kearny Financial by 40.4% in the third quarter. FMR LLC now owns 8,495 shares of the savings and loans company’s stock worth $58,000 after purchasing an additional 2,445 shares in the last quarter. Signaturefd LLC raised its position in Kearny Financial by 40.9% in the third quarter. Signaturefd LLC now owns 8,813 shares of the savings and loans company’s stock worth $61,000 after purchasing an additional 2,560 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its position in Kearny Financial by 53.1% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,367 shares of the savings and loans company’s stock worth $58,000 after purchasing an additional 3,249 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in Kearny Financial in the second quarter worth about $65,000. Finally, Quantbot Technologies LP raised its position in Kearny Financial by 464.0% in the third quarter. Quantbot Technologies LP now owns 11,308 shares of the savings and loans company’s stock worth $78,000 after purchasing an additional 9,303 shares in the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Kearny Financial Stock Performance

NASDAQ KRNY opened at $7.97 on Wednesday. The company has a 50 day moving average of $7.39 and a 200-day moving average of $6.65. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.99. Kearny Financial Corp. has a 1-year low of $5.28 and a 1-year high of $9.46.

Kearny Financial (NASDAQ:KRNY) last posted its quarterly earnings data on Thursday, October 24th. The savings and loans company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. The company had revenue of $87.88 million during the quarter, compared to analyst estimates of $37.70 million. Kearny Financial had a negative net margin of 27.43% and a positive return on equity of 3.05%. During the same quarter last year, the business posted $0.16 earnings per share.

Kearny Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 5.52%. The ex-dividend date was Wednesday, November 6th. Kearny Financial’s payout ratio is -30.34%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Kearny Financial from a “sell” rating to a “hold” rating in a research report on Monday, October 28th.

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.