CF Bankshares (NASDAQ:CFBK) Stock Rating Lowered by Wall Street Zen

CF Bankshares (NASDAQ:CFBK - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Friday.

Separately, Piper Sandler set a $29.00 price objective on shares of CF Bankshares and gave the company an "overweight" rating in a research note on Wednesday, May 21st.

CF Bankshares Stock Performance

Shares of CFBK stock remained flat at $23.86 on Friday. 8,545 shares of the stock were exchanged, compared to its average volume of 14,230. The company has a market cap of $124.55 million, a P/E ratio of 11.58 and a beta of 0.38. The firm has a 50-day moving average of $22.63 and a 200-day moving average of $23.83. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. CF Bankshares has a twelve month low of $16.92 and a twelve month high of $31.17.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last released its earnings results on Tuesday, May 6th. 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%.

Institutional Trading of CF Bankshares

Several large investors have recently bought and sold shares of CFBK. Salzhauer Michael grew its stake 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 acquiring an additional 1,189 shares in the last quarter. Cutter & CO Brokerage Inc. acquired a new position in CF Bankshares in the 4th quarter valued at about $219,000. Truffle Hound Capital LLC acquired a new position in CF Bankshares in the 4th quarter valued at about $2,043,000. Geode Capital Management LLC boosted its holdings in CF Bankshares by 3.9% in the 4th quarter. Geode Capital Management LLC now owns 38,773 shares of the savings and loans company's stock valued at $991,000 after purchasing an additional 1,448 shares during the last quarter. Finally, Kennedy Capital Management LLC boosted its holdings in CF Bankshares by 17.0% in the 4th quarter. Kennedy Capital Management LLC now owns 43,488 shares of the savings and loans company's stock valued at $1,111,000 after purchasing an additional 6,309 shares during the last quarter. Hedge funds and other institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.