Cutter & CO Brokerage Inc. Acquires Shares of 8,576 CF Bankshares Inc. (NASDAQ:CFBK)

Cutter & CO Brokerage Inc. bought a new position in shares of CF Bankshares Inc. (NASDAQ:CFBK) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,576 shares of the savings and loans company’s stock, valued at approximately $219,000. Cutter & CO Brokerage Inc. owned 0.17% of CF Bankshares at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Salzhauer Michael raised its position in CF Bankshares by 4.6% during the 4th quarter. Salzhauer Michael now owns 26,764 shares of the savings and loans company’s stock valued at $684,000 after purchasing an additional 1,189 shares during the last quarter. Aspiring Ventures LLC bought a new position in shares of CF Bankshares during the fourth quarter valued at approximately $469,000. Geode Capital Management LLC lifted 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 worth $808,000 after acquiring an additional 15,658 shares during the period. Finally, De Lisle Partners LLP boosted 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 valued at $1,120,000 after acquiring an additional 4,843 shares in the last quarter. 41.06% of the stock is owned by institutional investors.

CF Bankshares Stock Performance

Shares of CFBK opened at $23.96 on Thursday. The company has a 50-day simple moving average of $24.08 and a two-hundred day simple moving average of $24.21. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market capitalization of $122.82 million, a PE ratio of 11.63 and a beta of 0.57. CF Bankshares Inc. has a one year low of $16.92 and a one year high of $31.17.

CF Bankshares (NASDAQ:CFBK) last released its earnings results 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Thursday, January 16th. CF Bankshares’s dividend payout ratio is presently 13.59%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other CF Bankshares news, CEO Timothy T. O’dell sold 2,278 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $8,542,541.04. This represents a 0.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 19.70% of the stock is owned by company insiders.

CF Bankshares 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.