Salzhauer Michael Has $684,000 Stock Position in CF Bankshares Inc. (NASDAQ:CFBK)

Salzhauer Michael boosted its position in CF Bankshares Inc. (NASDAQ:CFBK) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,764 shares of the savings and loans company’s stock after acquiring an additional 1,189 shares during the period. Salzhauer Michael owned 0.52% of CF Bankshares worth $684,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Graham Capital Wealth Management LLC lifted its holdings in shares of CF Bankshares by 0.6% in the 3rd 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 in the last quarter. De Lisle Partners LLP raised its position in CF Bankshares by 10.4% in 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 buying an additional 4,843 shares during the last quarter. Geode Capital Management LLC lifted its stake in CF Bankshares by 72.3% during the 3rd quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company’s stock valued at $808,000 after acquiring an additional 15,658 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in CF Bankshares by 9.4% during the 2nd 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 during the last quarter. Finally, Aspiring Ventures LLC bought a new stake in shares of CF Bankshares in the 4th quarter worth $469,000. Institutional investors and hedge funds own 41.06% of the company’s stock.

Insider Activity

In other news, CEO Timothy T. O’dell sold 2,278 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $27.28, for a total transaction of $62,143.84. Following the completion of the transaction, the chief executive officer now directly owns 313,143 shares of the company’s stock, valued at $8,542,541.04. This represents a 0.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 19.70% of the company’s stock.

CF Bankshares Price Performance

Shares of NASDAQ CFBK opened at $24.71 on Monday. The company has a market capitalization of $126.76 million, a PE ratio of 12.17 and a beta of 0.57. 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’s 50 day moving average price is $24.89 and its 200-day moving average price is $23.94. CF Bankshares Inc. has a twelve month low of $16.92 and a twelve month high of $31.17.

CF Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Thursday, January 16th were paid a $0.07 dividend. The ex-dividend date was Thursday, January 16th. This represents a $0.28 dividend on an annualized basis and a yield of 1.13%. CF Bankshares’s dividend payout ratio (DPR) is presently 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 on the stock.

About CF Bankshares

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.