8,576 Shares in CF Bankshares Inc. (NASDAQ:CFBK) Purchased by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. acquired a new stake in shares of CF Bankshares Inc. (NASDAQ:CFBK) during the 4th quarter, Holdings Channel reports. The fund acquired 8,576 shares of the savings and loans company’s stock, valued at approximately $219,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its holdings in shares of 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 buying an additional 15,658 shares during the last quarter. Aspiring Ventures LLC bought a new position in CF Bankshares in the 4th quarter valued at approximately $469,000. Salzhauer Michael boosted its stake in CF Bankshares by 4.6% during the 4th quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company’s stock valued at $684,000 after purchasing an additional 1,189 shares during the last quarter. Finally, De Lisle Partners LLP increased its holdings in shares of 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 worth $1,120,000 after purchasing an additional 4,843 shares in the last quarter. 41.06% of the stock is currently owned by institutional investors.

CF Bankshares Price Performance

CFBK opened at $23.96 on Thursday. The company’s 50-day simple moving average is $24.08 and its two-hundred day simple moving average is $24.21. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market capitalization of $122.82 million, a P/E ratio of 11.63 and a beta of 0.57. CF Bankshares Inc. has a 52-week low of $16.92 and a 52-week high of $31.17.

CF Bankshares (NASDAQ:CFBK) last issued its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

CF Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 16th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares’s payout ratio is currently 13.59%.

Analyst Ratings Changes

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

Insider Activity at CF Bankshares

In other CF Bankshares news, CEO Timothy T. O’dell sold 20,522 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $26.54, for a total transaction of $544,653.88. Following the completion of the sale, the chief executive officer now directly owns 292,621 shares in the company, valued at $7,766,161.34. The trade was a 6.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 19.70% of the stock is owned by company insiders.

CF Bankshares 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.