De Lisle Partners LLP Buys Shares of 41,276 CF Bankshares Inc. $CFBK

De Lisle Partners LLP purchased a new stake in CF Bankshares Inc. (NASDAQ:CFBK) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 41,276 shares of the savings and loans company’s stock, valued at approximately $1,350,000.

A number of other hedge funds have also made changes to their positions in CFBK. Russell Investments Group Ltd. acquired a new position in shares of CF Bankshares during the 3rd quarter worth $29,000. Bank of America Corp DE grew its stake in CF Bankshares by 1,305.7% in the 2nd quarter. Bank of America Corp DE now owns 1,729 shares of the savings and loans company’s stock valued at $41,000 after acquiring an additional 1,606 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in CF Bankshares in the 2nd quarter valued at about $44,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in CF Bankshares in the 2nd quarter valued at about $50,000. Finally, BNP Paribas Financial Markets increased its holdings in CF Bankshares by 307.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,467 shares of the savings and loans company’s stock valued at $59,000 after acquiring an additional 1,862 shares in the last quarter. Hedge funds and other institutional investors own 41.06% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on CFBK shares. Weiss Ratings restated a “buy (b)” rating on shares of CF Bankshares in a research report on Friday, June 12th. Piper Sandler reiterated an “overweight” rating and issued a $40.00 price target (up from $36.00) on shares of CF Bankshares in a research report on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $40.00.

CF Bankshares Stock Performance

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

CF Bankshares (NASDAQ:CFBK) last issued its quarterly earnings data on Tuesday, July 28th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. The business had revenue of $16.55 million for the quarter, compared to the consensus estimate of $16.30 million. CF Bankshares had a return on equity of 10.10% and a net margin of 15.10%. On average, analysts anticipate that CF Bankshares Inc. will post 3.56 EPS for the current fiscal year.

CF Bankshares Announces Dividend

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