Affinity Bancshares, Inc. (NASDAQ:AFBI) Position Lessened by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its position in Affinity Bancshares, Inc. (NASDAQ:AFBI) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,543 shares of the company’s stock after selling 4,205 shares during the quarter. Renaissance Technologies LLC owned approximately 1.18% of Affinity Bancshares worth $1,322,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AFBI. Barclays PLC bought a new stake in shares of Affinity Bancshares in the 3rd quarter valued at approximately $39,000. JPMorgan Chase & Co. bought a new stake in Affinity Bancshares in the third quarter worth approximately $59,000. Skandinaviska Enskilda Banken AB publ increased its stake in shares of Affinity Bancshares by 80.8% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 28,315 shares of the company’s stock worth $496,000 after purchasing an additional 12,656 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Affinity Bancshares by 21.9% during the 3rd quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock valued at $1,093,000 after purchasing an additional 9,168 shares in the last quarter. Finally, Yakira Capital Management Inc. lifted its stake in shares of Affinity Bancshares by 11.5% in the 4th quarter. Yakira Capital Management Inc. now owns 143,822 shares of the company’s stock valued at $2,517,000 after purchasing an additional 14,787 shares during the last quarter. 39.31% of the stock is owned by institutional investors and hedge funds.

Affinity Bancshares Trading Down 0.2 %

Affinity Bancshares stock opened at $18.57 on Tuesday. Affinity Bancshares, Inc. has a one year low of $16.60 and a one year high of $22.50. The company’s fifty day moving average price is $18.33 and its two-hundred day moving average price is $19.54. The company has a market capitalization of $117.55 million, a price-to-earnings ratio of 22.65 and a beta of 0.25. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.07 and a quick ratio of 1.07.

Affinity Bancshares (NASDAQ:AFBI) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.26 earnings per share for the quarter. Affinity Bancshares had a return on equity of 4.65% and a net margin of 10.88%.

Affinity Bancshares Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, March 13th.

Affinity Bancshares Company Profile

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.