C&F Financial Co. (NASDAQ: CFFI – Get a rating) the stock price broke below its 200-day moving average during Monday’s session. The stock has a 200-day moving average of $51.05 and is trading as low as $48.66. Shares of C&F Financial last traded at $49.34, with volume traded at 4,721 shares.
Separately, StockNews.com began covering C&F Financial shares in a research report on Tuesday. They issued a “buy” rating for the company.
The company has a 50-day moving average of $50.83 and a 200-day moving average of $51.05. The stock has a market capitalization of $174.47 million, a price-earnings ratio of 6.48 and a beta of 0.44. The company has a debt ratio of 0.28, a quick ratio of 0.84 and a current ratio of 0.86.
C&F Financial (NASDAQ: CFFI – Get a rating) last released its quarterly earnings data on Thursday, April 21. The financial services provider reported earnings per share of $1.57 for the quarter. The company had revenue of $27.21 million in the quarter. C&F Financial had a return on equity of 13.14% and a net margin of 20.26%.
The company also recently declared a quarterly dividend, which will be paid on Friday, July 1. Investors of record on Wednesday, June 15 will receive a dividend of $0.40. The ex-dividend date is Tuesday, June 14. This represents an annualized dividend of $1.60 and a yield of 3.24%. C&F Financial’s dividend payout ratio (DPR) is 21.02%.
In other C&F Financial news, Director James H. Hudson III sold 2,200 shares of C&F Financial in a trade Thursday, May 5. The shares were sold at an average price of $51.01, for a total value of $112,222.00. As a result of the transaction, the administrator now directly owns 11,627 shares of the company, valued at $593,093.27. The transaction was disclosed in an SEC filing, available at the SEC website. Insiders of the company own 6.40% of the shares of the company.
A number of institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of C&F Financial by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 189,596 shares of the financial services provider worth $10,069,000 after buying 3,266 additional shares in the last quarter. The Manufacturers Life Insurance Company increased its position in C&F Financial by 13.9% in the first quarter. The Manufacturers Life Insurance Company now owns 75,588 shares of the financial services provider worth $3,788,000 after purchasing an additional 9,203 shares in the last quarter. Advisor Group Holdings Inc. increased its position in C&F Financial by 0.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 55,874 shares of the financial services provider worth $2,823,000 after buying 413 additional shares in the last quarter. LSV Asset Management increased its stake in C&F Financial shares by 2.3% in Q1. LSV Asset Management now owns 38,267 shares of the financial services provider worth $1,918,000 after acquiring an additional 851 shares during the period. Finally, Geode Capital Management LLC increased its stake in C&F Financial shares by 10.2% in the third quarter. Geode Capital Management LLC now owns 28,514 shares of the financial services provider valued at $1,514,000 after acquiring 2,641 additional shares last quarter. 27.58% of the shares are held by institutional investors.
C&F Financial Company Profile (NASDAQ: CFFI)
C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank which provides retail and business banking services. The Company’s retail banking offers various banking services, including checking accounts and savings deposit accounts, as well as business, real estate, development, mortgage, home equity and installment loans.
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