CF Bankshares Inc. (NASDAQ:CFBK – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.86 and traded as low as $18.46. CF Bankshares shares last traded at $18.46, with a volume of 1,159 shares.
Analyst Upgrades and Downgrades
Separately, TheStreet upgraded shares of CF Bankshares from a “c+” rating to a “b-” rating in a report on Tuesday, January 30th.
Read Our Latest Stock Report on CFBK
CF Bankshares Trading Up 0.3 %
CF Bankshares (NASDAQ:CFBK – Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter. CF Bankshares had a net margin of 15.08% and a return on equity of 11.34%. The company had revenue of $12.79 million during the quarter.
CF Bankshares Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, April 18th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Wednesday, April 17th. CF Bankshares’s payout ratio is currently 9.20%.
Hedge Funds Weigh In On CF Bankshares
A hedge fund recently bought a new stake in CF Bankshares stock. AJOVista LLC purchased a new position in CF Bankshares Inc. (NASDAQ:CFBK – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,306 shares of the savings and loans company’s stock, valued at approximately $25,000. 41.06% of the stock is 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.
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