Charter Financial (CHFN) Reaches New 1-Year High and Low at $22.85

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

A number of equities analysts have issued reports on the company. Sandler O’Neill restated a “buy” rating and set a $23.00 price target on shares of Charter Financial in a report on Wednesday, March 28th. BidaskClub cut Charter Financial from a “hold” rating to a “sell” rating in a report on Thursday, January 4th.

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The firm has a market capitalization of $327.61, a PE ratio of 25.17 and a beta of 0.38. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.29.



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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC lifted its holdings in shares of Charter Financial by 1.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,049,959 shares of the bank’s stock worth $18,416,000 after purchasing an additional 17,900 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Charter Financial by 12.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 410,047 shares of the bank’s stock worth $7,598,000 after purchasing an additional 44,598 shares in the last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of Charter Financial by 10.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 277,728 shares of the bank’s stock worth $4,871,000 after purchasing an additional 25,911 shares in the last quarter. Deprince Race & Zollo Inc. lifted its holdings in shares of Charter Financial by 108.8% in the 4th quarter. Deprince Race & Zollo Inc. now owns 229,006 shares of the bank’s stock worth $4,017,000 after purchasing an additional 119,308 shares in the last quarter. Finally, Context BH Capital Management LP lifted its holdings in shares of Charter Financial by 15.8% in the 4th quarter. Context BH Capital Management LP now owns 190,602 shares of the bank’s stock worth $3,343,000 after purchasing an additional 26,027 shares in the last quarter. 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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