CF Bankshares Inc. (NASDAQ:CFBK) CEO Timothy T. O’dell Sells 20,522 Shares

CF Bankshares Inc. (NASDAQ:CFBK) CEO Timothy T. O’dell sold 20,522 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $26.54, for a total value of $544,653.88. Following the transaction, 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 filing with the SEC, which is accessible through this hyperlink.

CF Bankshares Stock Performance

Shares of CFBK stock opened at $24.07 on Thursday. The firm has a market cap of $123.38 million, a price-to-earnings ratio of 11.86 and a beta of 0.55. CF Bankshares Inc. has a 52-week low of $16.92 and a 52-week high of $31.17. 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 company’s 50 day moving average is $26.51 and its 200 day moving average is $22.73.

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

CF Bankshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Friday, October 11th. This is a positive change from CF Bankshares’s previous quarterly dividend of $0.06. CF Bankshares’s payout ratio is 13.79%.

Institutional Trading of CF Bankshares

Hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its position in shares of CF Bankshares by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock worth $474,000 after buying an additional 2,172 shares during the last quarter. Geode Capital Management LLC boosted its stake in 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 acquiring an additional 15,658 shares in the last quarter. De Lisle Partners LLP grew its holdings 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 worth $1,120,000 after purchasing an additional 4,843 shares during the last quarter. Finally, Graham Capital Wealth Management LLC acquired a new position in shares of CF Bankshares during the second quarter worth $2,774,000. 41.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.