Charter Financial Corp (CHFN) Raises Dividend to $0.07 Per Share

BlackRock Inc. now owns 92,466,983 shares of the bank's stock worth $1,343,545,000 after buying an additional 89,604,919 shares in the last quarter. Lbmc Investment Advisors LLC's holdings in Regions Financial Corp were worth $462,000 at the end of the most recent reporting period. Norges Bank bought a new position in shares of Regions Financial Corp during the fourth quarter worth about $136,750,000. Jupiter Asset Management Ltd. raised its position in State Bank Financial Corp by 0.5% in the first quarter. TIAA CREF Investment Management LLC raised its stake in shares of Charter Financial Corp by 6.2% in the first quarter. Bank of America Corp DE raised its stake in shares of Charter Financial Corp by 209.8% in the first quarter. Two Sigma Advisers LP now owns 2,986,289 shares of the bank's stock worth $29,475,000 after buying an additional 19,644 shares in the last quarter.

Basswood Capital Management L.L.C. holds 9.28% of its portfolio in Regions Financial Corp for 14.70 million shares.

Tower Rech Cap Limited Liability (Trc) has 0.01% invested in Charter Financial Corp (NASDAQ:CHFN) for 5,908 shares. Reservoir Operations L.P. owns 400,000 shares or 17.69% of their United States portfolio.

Regions Financial Corp (NYSE:RF) after opening the company's stock at the price of $14.32, its shares traded on 0.07% above secure line. Carolina Financial Corp has a 52 week low of $16.50 and a 52 week high of $31.50.

Regions Financial Corporation has a 50 day moving average of 14.05 and a 200 day moving average of 14.26.

Charter Financial Corp (NASDAQ:CHFN) last announced its quarterly earnings results on Thursday, April 27th.

Last time, the company shocked Wall Street by reporting EPS of $0.23, smashing the consensus of $0.22 per share.

Crestview Partners Ii Gp L.P. holds 29.83% of its portfolio in Capital Bank Financial Corp for 2.58 million shares. The business had revenue of $48.54 million during the quarter, compared to the consensus estimate of $27.70 million. The business's revenue for the quarter was up.1% compared to the same quarter previous year. Equities research analysts predict that Charter Financial Corp will post $1.16 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Friday, May 5th will be paid a dividend of $0.175 per share. This represents a $0.26 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Tuesday, June 13th. Carolina Financial Corp's payout ratio is now 11.35%.

WARNING: This article was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of worldwide copyright laws. The correct version of this story can be viewed at

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report.

Charter Financial Corporation is a savings and loan holding company for CharterBank (the Bank). Jefferies Group LLC reissued a "hold" rating and issued a $16.00 price objective on shares of Regions Financial Corp in a research report on Monday, May 15th.

Separately, Keefe, Bruyette & Woods reiterated a buy rating and issued a $33.00 price target on shares of Carolina Financial Corp in a research note on Wednesday, April 5th. Consequently Regions Financial Corp (NYSE:RF)'s weekly and monthly volatility is 2.15%, 2.11% respectively. Below is a list of Charter Financial Corp (NASDAQ:CHFN) latest ratings and price target changes. They now have a Dollars 14 price target on the stock. Institutional investors and hedge funds own 63.54% of the company's stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The shares were sold at an average price of $13.82, for a total value of $542,545.56. GLG LLC now owns 77,003 shares of the bank's stock worth $1,106,000 after buying an additional 4,895 shares in the last quarter. The disclosure for this sale can be found here. Cornerstone Capital Ltd owns 4,950 shares or 0% of their USA portfolio.

04/19/2017 - Regions Financial Corporation was downgraded to "in-line" by analysts at Evercore ISI.

  • Zachary Reyes