Yakira Capital Management Inc. Purchases 14,787 Shares of Affinity Bancshares, Inc. (NASDAQ:AFBI)

Yakira Capital Management Inc. increased its position in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) by 11.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,822 shares of the company’s stock after acquiring an additional 14,787 shares during the quarter. Yakira Capital Management Inc. owned about 2.24% of Affinity Bancshares worth $2,517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AFBI. Barclays PLC purchased a new position in Affinity Bancshares in the third quarter worth $39,000. JPMorgan Chase & Co. acquired a new stake in shares of Affinity Bancshares in the 3rd quarter worth $59,000. Walleye Capital LLC grew its stake in Affinity Bancshares by 13.1% during the 3rd quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock worth $463,000 after buying an additional 2,500 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its position in Affinity Bancshares by 80.8% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 28,315 shares of the company’s stock valued at $496,000 after buying an additional 12,656 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Affinity Bancshares by 21.9% in the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock valued at $1,093,000 after buying an additional 9,168 shares during the last quarter. Hedge funds and other institutional investors own 39.31% of the company’s stock.

Affinity Bancshares Price Performance

Shares of NASDAQ AFBI opened at $17.52 on Friday. Affinity Bancshares, Inc. has a fifty-two week low of $15.98 and a fifty-two week high of $22.50. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $111.90 million, a PE ratio of 21.37 and a beta of 0.25. The business has a 50-day simple moving average of $18.48 and a two-hundred day simple moving average of $19.98.

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

Affinity Bancshares Announces Dividend

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

About Affinity Bancshares

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.