Graham Capital Wealth Management LLC Has $3.78 Million Stake in CF Bankshares Inc. (NASDAQ:CFBK)

Graham Capital Wealth Management LLC lessened its stake in CF Bankshares Inc. (NASDAQ:CFBK) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 148,174 shares of the savings and loans company’s stock after selling 609 shares during the period. CF Bankshares comprises 3.5% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Graham Capital Wealth Management LLC’s holdings in CF Bankshares were worth $3,784,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of CF Bankshares by 9.4% in the second quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock valued at $474,000 after acquiring an additional 2,172 shares during the last quarter. De Lisle Partners LLP raised its stake in shares of CF Bankshares by 10.4% in the third quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company’s stock valued at $1,120,000 after acquiring an additional 4,843 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of CF Bankshares by 72.3% in the third quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company’s stock valued at $808,000 after acquiring an additional 15,658 shares during the last quarter. Finally, Aspiring Ventures LLC bought a new position in shares of CF Bankshares in the fourth quarter valued at approximately $469,000. Institutional investors own 41.06% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of CF Bankshares in a report on Tuesday, November 12th. They issued a “hold” rating for the company.

Insiders Place Their Bets

In other news, CEO Timothy T. O’dell sold 20,522 shares of CF Bankshares stock in a transaction on Monday, December 16th. The shares were sold at an average price of $26.54, for a total transaction of $544,653.88. Following the transaction, the chief executive officer now directly owns 292,621 shares of the company’s stock, valued at $7,766,161.34. This trade represents a 6.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders sold 23,297 shares of company stock valued at $621,211. Company insiders own 19.70% of the company’s stock.

CF Bankshares Stock Performance

Shares of CF Bankshares stock opened at $24.44 on Monday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $125.38 million, a P/E ratio of 12.04 and a beta of 0.57. The firm has a 50 day simple moving average of $25.25 and a 200 day simple moving average of $23.80. CF Bankshares Inc. has a fifty-two week low of $16.92 and a fifty-two week high of $31.17.

CF Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Thursday, January 16th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Thursday, January 16th. CF Bankshares’s dividend payout ratio is presently 13.79%.

CF Bankshares 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.