CF Bankshares (NASDAQ:CFBK) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com started coverage on shares of CF Bankshares (NASDAQ:CFBK) in a research note issued on Tuesday. The brokerage set a “hold” rating on the savings and loans company’s stock.

CF Bankshares Price Performance

CF Bankshares stock opened at $28.25 on Tuesday. The firm has a market cap of $144.84 million, a PE ratio of 13.92 and a beta of 0.53. CF Bankshares has a 52-week low of $16.00 and a 52-week high of $31.17. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.95. The company’s 50 day moving average is $23.60 and its two-hundred day moving average is $21.21.

CF Bankshares (NASDAQ:CFBK) last released its earnings results on Wednesday, October 30th. The savings and loans company reported $0.65 earnings per share (EPS) for the quarter. The company had revenue of $31.60 million for the quarter. CF Bankshares had a net margin of 10.63% and a return on equity of 8.29%. During the same quarter last year, the company earned $0.62 earnings per share.

Institutional Investors Weigh In On CF Bankshares

Large investors have recently modified their holdings of the company. Graham Capital Wealth Management LLC purchased a new stake in shares of CF Bankshares in the 2nd quarter valued at approximately $2,774,000. Kennedy Capital Management LLC purchased a new stake in shares of CF Bankshares in the 1st quarter valued at approximately $619,000. Finally, Dimensional Fund Advisors LP increased its position in shares of CF Bankshares by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock valued at $474,000 after purchasing an additional 2,172 shares during the last quarter. 41.06% of the stock is owned by hedge funds and other institutional investors.

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.