CF Bankshares Inc. (NASDAQ:CFBK - Get Free Report) 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 Price Performance
Shares of CFBK opened at $21.67 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.75. The stock has a market cap of $111.08 million, a PE ratio of 10.52 and a beta of 0.59. CF Bankshares Inc. has a 12-month low of $16.92 and a 12-month high of $31.17. The business has a 50-day simple moving average of $23.72 and a two-hundred day simple moving average of $24.30.
CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its quarterly earnings data 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 Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.29%. CF Bankshares's dividend payout ratio (DPR) is presently 13.59%.
Institutional Trading of CF Bankshares
Several institutional investors have recently modified their holdings of CFBK. Cutter & CO Brokerage Inc. acquired a new position in CF Bankshares during the 4th quarter worth about $219,000. Citadel Advisors LLC bought a new position in shares of CF Bankshares during the fourth quarter worth about $251,000. 683 Capital Management LLC bought a new stake in CF Bankshares in the fourth quarter valued at approximately $340,000. Millennium Management LLC bought a new stake in CF Bankshares in the fourth quarter valued at approximately $395,000. Finally, Aspiring Ventures LLC acquired a new stake in CF Bankshares during the 4th quarter valued at approximately $469,000. Institutional investors own 41.06% of the company's stock.
CF Bankshares Company Profile
(
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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