Truffle Hound Capital LLC Takes Position in CF Bankshares Inc. (NASDAQ:CFBK)

Truffle Hound Capital LLC purchased a new stake in shares of CF Bankshares Inc. (NASDAQ:CFBK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 80,000 shares of the savings and loans company’s stock, valued at approximately $2,043,000. Truffle Hound Capital LLC owned approximately 1.56% of CF Bankshares at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cutter & CO Brokerage Inc. bought a new position in shares of CF Bankshares during the fourth quarter valued at $219,000. Aspiring Ventures LLC bought a new stake in CF Bankshares in the 4th quarter worth about $469,000. Salzhauer Michael increased its holdings in CF Bankshares by 4.6% in the 4th quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company’s stock worth $684,000 after buying an additional 1,189 shares in the last quarter. Geode Capital Management LLC increased its holdings in CF Bankshares by 72.3% in the 3rd quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company’s stock worth $808,000 after buying an additional 15,658 shares in the last quarter. Finally, De Lisle Partners LLP increased its holdings 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 worth $1,120,000 after buying an additional 4,843 shares in the last quarter. 41.06% of the stock is currently owned by institutional investors.

CF Bankshares Price Performance

NASDAQ CFBK opened at $22.20 on Friday. CF Bankshares Inc. has a one year low of $16.92 and a one year high of $31.17. The stock has a 50-day moving average of $23.48 and a 200 day moving average of $24.31. The company has a market capitalization of $113.80 million, a price-to-earnings ratio of 10.78 and a beta of 0.59. 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 released its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Announces Dividend

The firm 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. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.28 annualized dividend and a yield of 1.26%. CF Bankshares’s payout ratio is 13.59%.

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.