Segall Bryant & Hamill LLC Takes Position in CF Bankshares Inc. $CFBK

Segall Bryant & Hamill LLC purchased a new position in CF Bankshares Inc. (NASDAQ:CFBK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 55,516 shares of the savings and loans company’s stock, valued at approximately $1,330,000. Segall Bryant & Hamill LLC owned about 0.87% of CF Bankshares as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of CFBK. Fourthstone LLC grew its stake in CF Bankshares by 450.2% in the second quarter. Fourthstone LLC now owns 421,191 shares of the savings and loans company’s stock worth $10,096,000 after purchasing an additional 344,642 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of CF Bankshares by 108.4% in the second quarter. Geode Capital Management LLC now owns 86,433 shares of the savings and loans company’s stock valued at $2,072,000 after acquiring an additional 44,963 shares in the last quarter. Jane Street Group LLC purchased a new stake in CF Bankshares in the first quarter worth about $263,000. Hillsdale Investment Management Inc. bought a new position in CF Bankshares during the 2nd quarter worth about $278,000. Finally, Goldman Sachs Group Inc. increased its position in CF Bankshares by 30.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 20,998 shares of the savings and loans company’s stock valued at $463,000 after purchasing an additional 4,910 shares during the period. 41.06% of the stock is owned by hedge funds and other institutional investors.

CF Bankshares Price Performance

Shares of CFBK opened at $29.28 on Friday. The company has a 50 day moving average of $29.18 and a two-hundred day moving average of $25.86. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.65. CF Bankshares Inc. has a twelve month low of $19.22 and a twelve month high of $34.33. The company has a market cap of $186.51 million, a price-to-earnings ratio of 10.88 and a beta of 0.40.

CF Bankshares (NASDAQ:CFBK) last issued its quarterly earnings data on Thursday, February 5th. The savings and loans company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.76 by $0.12. CF Bankshares had a return on equity of 9.87% and a net margin of 13.82%.The firm had revenue of $10.54 million during the quarter, compared to analyst estimates of $15.94 million.

CF Bankshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 26th. Shareholders of record on Thursday, January 15th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.2%. This is a boost from CF Bankshares’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, January 15th. CF Bankshares’s dividend payout ratio (DPR) is 13.38%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CFBK shares. Wall Street Zen cut shares of CF Bankshares from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings raised shares of CF Bankshares from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

CF Bankshares Profile

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.