13,304 Shares in CF Bankshares Inc. (NASDAQ:CFBK) Acquired by 683 Capital Management LLC

683 Capital Management LLC acquired a new position in shares of CF Bankshares Inc. (NASDAQ:CFBK - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,304 shares of the savings and loans company's stock, valued at approximately $340,000. 683 Capital Management LLC owned 0.26% of CF Bankshares at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CFBK. Cutter & CO Brokerage Inc. bought a new stake in shares of CF Bankshares during the 4th quarter worth approximately $219,000. Aspiring Ventures LLC bought a new stake in shares of CF Bankshares during the fourth quarter worth approximately $469,000. Northern Trust Corp bought a new stake in CF Bankshares in the 4th quarter valued at $486,000. Salzhauer Michael increased 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 worth $684,000 after buying an additional 1,189 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of CF Bankshares by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 28,710 shares of the savings and loans company's stock valued at $733,000 after acquiring an additional 2,961 shares in the last quarter. Institutional investors and hedge funds own 41.06% of the company's stock.

CF Bankshares Trading Up 2.1 %

Shares of CFBK stock opened at $23.80 on Friday. 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 1 year low of $16.92 and a 1 year high of $31.17. The stock has a market cap of $122.26 million, a P/E ratio of 11.55 and a beta of 0.44. The stock has a 50 day simple moving average of $21.94 and a 200 day simple moving average of $24.24.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last issued its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a net margin of 10.72% and a return on equity of 8.25%.

CF Bankshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Monday, April 14th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Monday, April 14th. CF Bankshares's dividend payout ratio is currently 13.59%.

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.

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