Salzhauer Michael Buys 1,189 Shares of CF Bankshares Inc. (NASDAQ:CFBK)

Salzhauer Michael lifted its position in CF Bankshares Inc. (NASDAQ:CFBK) by 4.6% during the 4th quarter, HoldingsChannel reports. The firm owned 26,764 shares of the savings and loans company’s stock after buying an additional 1,189 shares during the period. Salzhauer Michael’s holdings in CF Bankshares were worth $684,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in shares of CF Bankshares by 72.3% during the 3rd 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 in the last quarter. Aspiring Ventures LLC bought a new stake in CF Bankshares in the 4th quarter worth approximately $469,000. Dimensional Fund Advisors LP boosted its stake in CF Bankshares by 9.4% in the second 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 in the last quarter. De Lisle Partners LLP grew its position in CF Bankshares by 10.4% during 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 acquiring an additional 4,843 shares during the last quarter. Finally, Graham Capital Wealth Management LLC raised its stake in shares of CF Bankshares by 0.6% during the third quarter. Graham Capital Wealth Management LLC now owns 148,783 shares of the savings and loans company’s stock worth $3,221,000 after acquiring an additional 923 shares in the last quarter. 41.06% of the stock is currently owned by institutional investors.

CF Bankshares Stock Up 0.8 %

Shares of NASDAQ:CFBK opened at $24.71 on Monday. The stock has a market capitalization of $126.76 million, a P/E ratio of 12.17 and a beta of 0.57. The stock’s 50-day moving average price is $24.89 and its 200-day moving average price is $23.94. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. CF Bankshares Inc. has a 12-month low of $16.92 and a 12-month high of $31.17.

CF Bankshares Dividend Announcement

The business 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 was Thursday, January 16th. This represents a $0.28 annualized dividend and a yield of 1.13%. CF Bankshares’s payout ratio is 13.79%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of CF Bankshares in a research note on Tuesday, November 12th. They issued a “hold” rating for the company.

Insiders Place Their Bets

In other CF Bankshares news, CEO Timothy T. O’dell sold 2,278 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $27.28, for a total value of $62,143.84. Following the sale, the chief executive officer now owns 313,143 shares of the company’s stock, valued at $8,542,541.04. This trade represents a 0.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 19.70% of the company’s stock.

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.