CF Bankshares Inc. (NASDAQ:CFBK) Director Robert E. Hoeweler Acquires 1,000 Shares

CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) Director Robert E. Hoeweler bought 1,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average price of $21.80 per share, with a total value of $21,800.00. Following the completion of the transaction, the director now directly owns 66,062 shares of the company's stock, valued at $1,440,151.60. This trade represents a 1.54 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

CF Bankshares Price Performance

Shares of CFBK traded up $0.28 during mid-day trading on Monday, reaching $22.01. The stock had a trading volume of 565 shares, compared to its average volume of 11,402. CF Bankshares Inc. has a 12 month low of $16.92 and a 12 month high of $31.17. The business has a fifty day moving average of $23.58 and a 200 day moving average of $24.33. 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 firm has a market cap of $112.80 million, a price-to-earnings ratio of 10.66 and a beta of 0.59.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its quarterly 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 net margin of 10.72% and a return on equity of 8.25%.

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CF Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares's payout ratio is presently 13.59%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CFBK. Salzhauer Michael grew its holdings in CF Bankshares by 4.6% during the 4th quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company's stock worth $684,000 after acquiring an additional 1,189 shares in the last quarter. Geode Capital Management LLC boosted its stake in CF Bankshares by 3.9% in the 4th quarter. Geode Capital Management LLC now owns 38,773 shares of the savings and loans company's stock worth $991,000 after purchasing an additional 1,448 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in CF Bankshares by 11.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 28,710 shares of the savings and loans company's stock valued at $733,000 after acquiring an additional 2,961 shares during the period. De Lisle Partners LLP lifted its stake in CF Bankshares by 10.4% during the 3rd quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company's stock valued at $1,120,000 after acquiring an additional 4,843 shares during the period. Finally, Kennedy Capital Management LLC increased its holdings in shares of CF Bankshares by 17.0% during the 4th quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company's stock valued at $1,111,000 after purchasing an additional 6,309 shares in the last quarter. 41.06% of the stock is currently 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.