Yakira Capital Management Inc. Has $2.52 Million Stock Position in Affinity Bancshares, Inc. (NASDAQ:AFBI)

Yakira Capital Management Inc. raised its holdings in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI - Free Report) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 143,822 shares of the company's stock after buying an additional 14,787 shares during the period. Yakira Capital Management Inc. owned about 2.24% of Affinity Bancshares worth $2,517,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AFBI. Geode Capital Management LLC boosted its stake in shares of Affinity Bancshares by 21.9% during the 3rd quarter. Geode Capital Management LLC now owns 51,027 shares of the company's stock worth $1,093,000 after acquiring an additional 9,168 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Affinity Bancshares by 80.8% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 28,315 shares of the company's stock valued at $496,000 after purchasing an additional 12,656 shares during the last quarter. Walleye Capital LLC boosted its position in shares of Affinity Bancshares by 13.1% in the 3rd quarter. Walleye Capital LLC now owns 21,611 shares of the company's stock valued at $463,000 after purchasing an additional 2,500 shares during the period. JPMorgan Chase & Co. purchased a new position in Affinity Bancshares in the 3rd quarter worth about $59,000. Finally, Barclays PLC purchased a new position in Affinity Bancshares in the 3rd quarter worth about $39,000. Institutional investors and hedge funds own 39.31% of the company's stock.

Affinity Bancshares Trading Up 1.3 %

AFBI stock traded up $0.23 during mid-day trading on Friday, reaching $17.73. 150 shares of the stock traded hands, compared to its average volume of 15,529. Affinity Bancshares, Inc. has a 52-week low of $16.12 and a 52-week high of $22.50. The stock's fifty day moving average is $18.39 and its 200-day moving average is $19.83. The company has a market cap of $113.24 million, a P/E ratio of 21.62 and a beta of 0.25. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.46.

Affinity Bancshares (NASDAQ:AFBI - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.26 EPS for the quarter. Affinity Bancshares had a net margin of 10.88% and a return on equity of 4.65%.

Affinity Bancshares Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a $1.50 dividend. The ex-dividend date of this dividend was Thursday, March 13th.

Affinity Bancshares Company Profile

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.