Barclays PLC Takes $39,000 Position in Affinity Bancshares, Inc. (NASDAQ:AFBI)

Barclays PLC purchased a new position in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,837 shares of the company’s stock, valued at approximately $39,000.

Other hedge funds have also added to or reduced their stakes in the company. Lynch & Associates IN acquired a new stake in shares of Affinity Bancshares during the 3rd quarter valued at $266,000. Geode Capital Management LLC grew its holdings in shares of Affinity Bancshares by 21.9% during the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock worth $1,093,000 after purchasing an additional 9,168 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Affinity Bancshares by 16.2% during the second quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock worth $976,000 after purchasing an additional 6,421 shares during the last quarter. Walleye Capital LLC increased its stake in shares of Affinity Bancshares by 13.1% in the third quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock valued at $463,000 after buying an additional 2,500 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in Affinity Bancshares by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock valued at $1,089,000 after buying an additional 1,744 shares during the last quarter. 39.31% of the stock is owned by institutional investors.

Insider Buying and Selling at Affinity Bancshares

In other news, Director Howard G. Roberts sold 1,346 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $21.50, for a total transaction of $28,939.00. Following the completion of the sale, the director now owns 25,373 shares in the company, valued at $545,519.50. The trade was a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 6,242 shares of company stock valued at $134,203. Corporate insiders own 10.76% of the company’s stock.

Affinity Bancshares Trading Up 0.4 %

Shares of NASDAQ AFBI opened at $18.45 on Friday. The firm has a 50 day moving average price of $20.23 and a two-hundred day moving average price of $20.96. The stock has a market cap of $118.26 million, a P/E ratio of 21.71 and a beta of 0.54. Affinity Bancshares, Inc. has a 52-week low of $14.93 and a 52-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.

Affinity Bancshares (NASDAQ:AFBI) last released its earnings results on Friday, October 25th. The company reported $0.26 earnings per share for the quarter. Affinity Bancshares had a net margin of 11.38% and a return on equity of 4.50%. The business had revenue of $12.87 million during the quarter.

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.