JPMorgan Chase & Co. Purchases Shares of 2,767 Affinity Bancshares, Inc. (NASDAQ:AFBI)

JPMorgan Chase & Co. acquired a new stake in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,767 shares of the company’s stock, valued at approximately $59,000.

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

Affinity Bancshares Stock Performance

NASDAQ AFBI opened at $18.25 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $116.98 million, a price-to-earnings ratio of 22.26 and a beta of 0.54. The company’s fifty day moving average is $19.86 and its two-hundred day moving average is $20.84. Affinity Bancshares, Inc. has a 52-week low of $14.93 and a 52-week high of $22.50.

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

Insider Buying and Selling at Affinity Bancshares

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

Affinity Bancshares Profile

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.