CF Bankshares Inc. (NASDAQ:CFBK) Position Increased by Salzhauer Michael

Salzhauer Michael grew its position in CF Bankshares Inc. (NASDAQ:CFBK) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,764 shares of the savings and loans company’s stock after purchasing 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 quarter.

Several other institutional investors have also made changes to their positions in CFBK. Truffle Hound Capital LLC bought a new position in CF Bankshares during the fourth quarter valued at approximately $2,043,000. Aspiring Ventures LLC bought a new position in shares of CF Bankshares during the 4th quarter valued at $469,000. Geode Capital Management LLC lifted its stake 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 purchasing an additional 15,658 shares during the last quarter. Cutter & CO Brokerage Inc. bought a new stake in CF Bankshares in the fourth quarter worth $219,000. Finally, Kennedy Capital Management LLC raised its holdings in CF Bankshares by 17.0% during the fourth quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company’s stock valued at $1,111,000 after buying an additional 6,309 shares in the last quarter. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Stock Performance

Shares of NASDAQ CFBK opened at $20.73 on Thursday. The business’s 50-day simple moving average is $22.44 and its 200-day simple moving average is $24.21. CF Bankshares Inc. has a 52 week low of $16.92 and a 52 week high of $31.17. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $106.49 million, a price-to-earnings ratio of 10.06 and a beta of 0.44.

CF Bankshares (NASDAQ:CFBK) last released its quarterly earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 EPS for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

CF Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Monday, April 14th will be paid a $0.07 dividend. The ex-dividend date is Monday, April 14th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.35%. CF Bankshares’s payout ratio is presently 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.