CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) CEO Timothy T. O'dell sold 2,278 shares of the company's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $27.28, for a total transaction of $62,143.84. Following the transaction, the chief executive officer now owns 313,143 shares of the company's stock, valued at approximately $8,542,541.04. This represents a 0.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
CF Bankshares Price Performance
Shares of CF Bankshares stock opened at $26.96 on Wednesday. The firm has a market cap of $138.20 million, a PE ratio of 13.28 and a beta of 0.55. The stock has a 50 day moving average of $26.41 and a 200 day moving average of $22.68. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. CF Bankshares Inc. has a 12 month low of $16.92 and a 12 month high of $31.17.
CF Bankshares (NASDAQ:CFBK - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter. CF Bankshares had a return on equity of 8.20% and a net margin of 10.63%. The business had revenue of $31.60 million for the quarter. During the same period last year, the company earned $0.62 earnings per share.
CF Bankshares Increases Dividend
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The firm also recently disclosed a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.28 annualized dividend and a yield of 1.04%. This is a positive change from CF Bankshares's previous quarterly dividend of $0.06. CF Bankshares's dividend payout ratio (DPR) is 13.79%.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of CF Bankshares in a report on Tuesday, November 12th. They set a "hold" rating for the company.
Check Out Our Latest Research Report on CF Bankshares
Institutional Trading of CF Bankshares
A number of large investors have recently made changes to their positions in CFBK. Dimensional Fund Advisors LP lifted its holdings in shares of CF Bankshares by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company's stock valued at $474,000 after acquiring an additional 2,172 shares during the last quarter. Geode Capital Management LLC raised its position in CF Bankshares by 72.3% during the third quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company's stock valued at $808,000 after purchasing an additional 15,658 shares during the period. De Lisle Partners LLP raised its position in CF Bankshares by 10.4% during the third quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company's stock valued at $1,120,000 after purchasing an additional 4,843 shares during the period. Finally, Graham Capital Wealth Management LLC bought a new stake in shares of CF Bankshares in the 2nd quarter valued at approximately $2,774,000. 41.06% of the stock is currently owned by institutional investors.
About CF Bankshares
(
Get Free Report)
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.
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