CF Bankshares Inc. (NASDAQ:CFBK) Director Sundeep Rana Sells 497 Shares

CF Bankshares Inc. (NASDAQ:CFBK) Director Sundeep Rana sold 497 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $29.00, for a total value of $14,413.00. Following the transaction, the director now owns 459 shares of the company’s stock, valued at $13,311. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

CF Bankshares Stock Up 0.9 %

CFBK stock traded up $0.25 during midday trading on Wednesday, reaching $28.25. The company had a trading volume of 1,936 shares, compared to its average volume of 5,451. The company has a 50 day moving average of $23.60 and a two-hundred day moving average of $21.21. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.95. CF Bankshares Inc. has a 1 year low of $16.00 and a 1 year high of $31.17. The company has a market capitalization of $144.84 million, a P/E ratio of 13.92 and a beta of 0.53.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings results on Wednesday, October 30th. The savings and loans company reported $0.65 EPS for the quarter. CF Bankshares had a net margin of 10.63% and a return on equity of 8.29%. The company had revenue of $31.60 million for the quarter. During the same quarter last year, the company earned $0.62 EPS.

CF Bankshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, October 19th. Investors of record on Friday, October 11th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.28 dividend on an annualized basis and a yield of 0.99%. This is a boost from CF Bankshares’s previous quarterly dividend of $0.06. CF Bankshares’s payout ratio is presently 13.79%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On CF Bankshares

Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its stake 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 valued at $474,000 after purchasing an additional 2,172 shares during the last quarter. Kennedy Capital Management LLC bought a new stake in shares of CF Bankshares during the 1st quarter worth about $619,000. Finally, Graham Capital Wealth Management LLC bought a new stake in CF Bankshares in the 2nd quarter valued at about $2,774,000. 41.06% of the stock is currently owned by institutional investors.

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.