CF Bankshares Inc. (NASDAQ:CFBK) Director Robert E. Hoeweler Acquires 1,000 Shares

CF Bankshares Inc. (NASDAQ:CFBK) Director Robert E. Hoeweler bought 1,000 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were acquired at an average price of $21.80 per share, for a total transaction of $21,800.00. Following the transaction, the director now owns 66,062 shares in the company, valued at approximately $1,440,151.60. This represents a 1.54 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

CF Bankshares Trading Down 1.8 %

Shares of CFBK stock opened at $21.67 on Friday. The stock has a market cap of $111.08 million, a P/E ratio of 10.52 and a beta of 0.59. CF Bankshares Inc. has a 1 year low of $16.92 and a 1 year high of $31.17. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. The stock has a 50 day simple moving average of $23.72 and a 200 day simple moving average of $24.30.

CF Bankshares (NASDAQ:CFBK) last released its earnings results 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 16th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.28 annualized dividend and a dividend yield of 1.29%. CF Bankshares’s dividend payout ratio is 13.59%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CFBK. Rhino Investment Partners Inc acquired a new stake in shares of CF Bankshares in the 4th quarter valued at $5,557,000. Truffle Hound Capital LLC bought a new stake in shares of CF Bankshares during the 4th quarter worth $2,043,000. De Lisle Partners LLP boosted its stake in CF Bankshares by 10.4% in 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 buying an additional 4,843 shares in the last quarter. Kennedy Capital Management LLC grew its position in CF Bankshares by 17.0% in the fourth quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company’s stock valued at $1,111,000 after acquiring an additional 6,309 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in CF Bankshares by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 38,773 shares of the savings and loans company’s stock worth $991,000 after acquiring an additional 1,448 shares in the last quarter. 41.06% of the stock is owned by institutional investors.

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.