De Lisle Partners LLP Invests $1.35 Million in CF Bankshares Inc. $CFBK

Key Points

• De Lisle Partners LLP acquired 41,276 shares of CF Bankshares during the second quarter, valued at approximately $1.35 million and representing about 0.64% of the company. Institutional investors and hedge funds collectively own 41.06% of the stock.
• Analysts maintain a favorable outlook, with CF Bankshares receiving a “Moderate Buy” consensus rating and an average price target of $40, including Piper Sandler’s upgraded target from $36 to $40.
• CF Bankshares reported quarterly EPS of $0.90, slightly exceeding estimates, while revenue reached $16.55 million. The company also paid a quarterly dividend of $0.09 per share, equivalent to a 1.0% annualized yield.

De Lisle Partners LLP bought a new stake in CF Bankshares Inc. (NASDAQ:CFBK - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 41,276 shares of the savings and loans company's stock, valued at approximately $1,350,000. De Lisle Partners LLP owned approximately 0.64% of CF Bankshares as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CFBK. Dimensional Fund Advisors LP lifted its position in CF Bankshares by 48.4% in the first quarter. Dimensional Fund Advisors LP now owns 92,122 shares of the savings and loans company's stock valued at $2,571,000 after purchasing an additional 30,045 shares during the period. Rhino Investment Partners Inc purchased a new stake in CF Bankshares in the 1st quarter valued at approximately $3,499,000. Strs Ohio increased its position in CF Bankshares by 909.1% during the 4th quarter. Strs Ohio now owns 22,200 shares of the savings and loans company's stock worth $554,000 after purchasing an additional 20,000 shares during the period. Empowered Funds LLC acquired a new position in CF Bankshares during the 1st quarter worth approximately $451,000. Finally, Panagora Asset Management Inc. purchased a new position in shares of CF Bankshares during the 4th quarter worth approximately $227,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CFBK has been the subject of several recent analyst reports. Piper Sandler reissued an "overweight" rating and issued a $40.00 price target (up from $36.00) on shares of CF Bankshares in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of CF Bankshares in a report on Friday, June 12th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, CF Bankshares presently has an average rating of "Moderate Buy" and an average target price of $40.00.

CF Bankshares Stock Up 0.2%

Shares of NASDAQ CFBK opened at $34.60 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 0.59. CF Bankshares Inc. has a 52 week low of $22.10 and a 52 week high of $36.94. The firm has a 50-day moving average price of $33.27 and a 200 day moving average price of $30.66. The stock has a market capitalization of $222.13 million, a price-to-earnings ratio of 11.89 and a beta of 0.39.

CF Bankshares (NASDAQ:CFBK - Get Free Report) last issued its earnings results on Tuesday, July 28th. The savings and loans company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. CF Bankshares had a net margin of 15.10% and a return on equity of 10.10%. The company had revenue of $16.55 million for the quarter, compared to analyst estimates of $16.30 million. Equities research analysts anticipate that CF Bankshares Inc. will post 3.56 EPS for the current fiscal year.

CF Bankshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 13th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.36 annualized dividend and a dividend yield of 1.0%. CF Bankshares's payout ratio is 12.37%.

About CF Bankshares

CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.

The company's offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.

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