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 CF Bankshares stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $27.28, for a total value of $62,143.84. Following the transaction, the chief executive officer now owns 313,143 shares in the company, valued at approximately $8,542,541.04. This represents a 0.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

CF Bankshares Stock Performance

Shares of CFBK stock opened at $24.65 on Friday. 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 Inc. has a 52 week low of $16.92 and a 52 week high of $31.17. The company’s 50 day moving average price is $26.56 and its two-hundred day moving average price is $22.74. The company has a market capitalization of $126.36 million, a P/E ratio of 12.14 and a beta of 0.55.

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

CF Bankshares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were paid a $0.07 dividend. 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 annualized dividend and a dividend yield of 1.14%. CF Bankshares’s dividend payout ratio (DPR) is currently 13.79%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CFBK. Graham Capital Wealth Management LLC raised its position in 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 valued at $3,221,000 after buying an additional 923 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of 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 in the last quarter. De Lisle Partners LLP raised its holdings in shares of 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 purchasing an additional 4,843 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of CF Bankshares by 72.3% in 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 purchasing an additional 15,658 shares during the last quarter. 41.06% of the stock is owned by institutional investors and hedge funds.

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.