CF Bankshares Inc. (NASDAQ:CFBK) Director Acquires $21,800.00 in Stock

CF Bankshares Inc. (NASDAQ:CFBK) Director Robert E. Hoeweler purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of $21.80 per share, with a total value of $21,800.00. Following the completion of the purchase, the director now directly owns 66,062 shares in the company, valued at $1,440,151.60. The trade was a 1.54 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

CF Bankshares Stock Up 0.3 %

Shares of CFBK opened at $21.73 on Friday. CF Bankshares Inc. has a 52 week low of $16.92 and a 52 week high of $31.17. The stock has a market capitalization of $111.39 million, a price-to-earnings ratio of 10.55 and a beta of 0.59. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a fifty day moving average of $23.58 and a 200-day moving average of $24.31.

CF Bankshares (NASDAQ:CFBK) last announced its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share (EPS) for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 16th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares’s dividend payout ratio is currently 13.59%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CFBK. Cutter & CO Brokerage Inc. acquired a new stake in shares of CF Bankshares in the 4th quarter valued at about $219,000. Citadel Advisors LLC acquired a new stake in shares of CF Bankshares in the 4th quarter valued at about $251,000. 683 Capital Management LLC acquired a new stake in shares of CF Bankshares in the 4th quarter valued at about $340,000. Millennium Management LLC acquired a new stake in shares of CF Bankshares in the 4th quarter valued at about $395,000. Finally, Aspiring Ventures LLC acquired a new stake in shares of CF Bankshares in the 4th quarter valued at about $469,000. 41.06% of the stock is owned by institutional investors.

CF Bankshares Company Profile

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.