CF Bankshares Inc. (NASDAQ:CFBK) CEO Timothy T. O’dell Sells 2,278 Shares

CF Bankshares Inc. (NASDAQ:CFBK) CEO Timothy T. O’dell sold 2,278 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $27.28, for a total transaction of $62,143.84. Following the transaction, the chief executive officer now directly owns 313,143 shares of the company’s stock, valued at approximately $8,542,541.04. This trade represents a 0.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

CF Bankshares Trading Up 2.4 %

CFBK stock traded up $0.63 on Tuesday, reaching $26.96. The company’s stock had a trading volume of 26,958 shares, compared to its average volume of 7,917. The firm has a market cap of $138.20 million, a PE ratio of 13.28 and a beta of 0.55. The business has a fifty day simple moving average of $26.41 and a two-hundred day simple moving average of $22.68. CF Bankshares Inc. has a 12-month low of $16.92 and a 12-month high of $31.17. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13.

CF Bankshares (NASDAQ:CFBK) last announced its earnings results on Wednesday, October 30th. The savings and loans company reported $0.65 earnings per share for the quarter. CF Bankshares had a net margin of 10.63% and a return on equity of 8.20%. The firm had revenue of $31.60 million for the quarter. During the same period in the previous year, the firm posted $0.62 EPS.

CF Bankshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were issued a dividend of $0.07 per share. This is an increase from CF Bankshares’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.04%. CF Bankshares’s dividend payout ratio is 13.79%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on CF Bankshares in a report on Tuesday, November 12th. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Graham Capital Wealth Management LLC grew its stake in CF Bankshares by 0.6% in the third quarter. Graham Capital Wealth Management LLC now owns 148,783 shares of the savings and loans company’s stock worth $3,221,000 after purchasing an additional 923 shares during the period. De Lisle Partners LLP lifted its position 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. Geode Capital Management LLC boosted its stake 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 worth $808,000 after acquiring an additional 15,658 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in CF Bankshares by 9.4% during the second quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock worth $474,000 after acquiring an additional 2,172 shares in the last quarter. Hedge funds and other institutional investors own 41.06% of the company’s stock.

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.