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 company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $26.54, for a total value of $544,653.88. Following the completion of the transaction, the chief executive officer now directly owns 292,621 shares in the company, valued at approximately $7,766,161.34. This trade represents a 6.55 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

CF Bankshares Stock Up 2.4 %

CF Bankshares stock opened at $26.96 on Wednesday. The firm has a market capitalization of $138.20 million, a P/E ratio of 13.28 and a beta of 0.55. 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 twelve month low of $16.92 and a twelve month high of $31.17. The stock’s fifty day simple moving average is $26.41 and its 200-day simple moving average is $22.68.

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

CF Bankshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.04%. This is an increase from CF Bankshares’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, October 11th. CF Bankshares’s payout ratio is 13.79%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CFBK. Graham Capital Wealth Management LLC purchased a new position in shares of CF Bankshares in the 2nd quarter valued at $2,774,000. Dimensional Fund Advisors LP boosted its holdings in shares of 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 valued at $474,000 after acquiring an additional 2,172 shares during the period. De Lisle Partners LLP grew its position in shares of 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 worth $1,120,000 after acquiring an additional 4,843 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of 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 valued at $808,000 after acquiring an additional 15,658 shares during the period. 41.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on CF Bankshares in a report on Tuesday, November 12th. They set a “hold” rating for the company.

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.