Robert E. Hoeweler Buys 1,000 Shares of CF Bankshares Inc. (NASDAQ:CFBK) Stock

CF Bankshares Inc. (NASDAQ:CFBK) Director Robert E. Hoeweler acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were bought at an average cost of $21.80 per share, with a total value of $21,800.00. Following the purchase, the director now owns 66,062 shares in the company, valued at approximately $1,440,151.60. The trade was a 1.54 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

CF Bankshares Price Performance

CF Bankshares stock opened at $21.73 on Friday. CF Bankshares Inc. has a 1 year low of $16.92 and a 1 year 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 50 day moving average price of $23.65 and a 200 day moving average price of $24.28. The company has a market cap of $111.39 million, a price-to-earnings ratio of 10.55 and a beta of 0.59.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings data on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share (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 company also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Thursday, January 16th. CF Bankshares’s dividend payout ratio is currently 13.59%.

Institutional Trading of CF Bankshares

Institutional investors and hedge funds have recently bought and sold shares of the business. Cutter & CO Brokerage Inc. acquired a new position in CF Bankshares during the fourth quarter valued at approximately $219,000. Citadel Advisors LLC purchased a new position in shares of CF Bankshares in the 4th quarter valued at $251,000. 683 Capital Management LLC acquired a new position in shares of CF Bankshares during the 4th quarter valued at $340,000. Millennium Management LLC purchased a new stake in CF Bankshares during the 4th quarter worth $395,000. Finally, Aspiring Ventures LLC acquired a new stake in CF Bankshares in the 4th quarter valued at $469,000. Institutional investors and hedge funds own 41.06% of the company’s stock.

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.