C&F Financial (NASDAQ:CFFI) Stock Rating Lowered by StockNews.com

C&F Financial (NASDAQ:CFFI) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

C&F Financial Price Performance

Shares of NASDAQ:CFFI traded up $1.94 on Tuesday, reaching $74.02. The company’s stock had a trading volume of 16,604 shares, compared to its average volume of 12,542. The company has a 50-day simple moving average of $61.54 and a 200 day simple moving average of $53.65. C&F Financial has a 52-week low of $33.51 and a 52-week high of $75.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.88 and a current ratio of 0.90. The company has a market cap of $239.08 million, a P/E ratio of 13.08 and a beta of 0.36.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $1.65 EPS for the quarter. The firm had revenue of $33.46 million during the quarter. C&F Financial had a return on equity of 8.58% and a net margin of 11.39%.

Insiders Place Their Bets

In related news, CEO Thomas F. Cherry sold 2,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $70.00, for a total transaction of $140,000.00. Following the completion of the sale, the chief executive officer now owns 39,059 shares of the company’s stock, valued at $2,734,130. This represents a 4.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On C&F Financial

A number of large investors have recently made changes to their positions in CFFI. John G Ullman & Associates Inc. increased its position in C&F Financial by 2.0% during the 3rd quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider’s stock valued at $586,000 after buying an additional 200 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in C&F Financial during the 2nd quarter valued at about $31,000. Empowered Funds LLC raised its stake in shares of C&F Financial by 5.2% in the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock worth $790,000 after purchasing an additional 670 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of C&F Financial by 0.6% during the first quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after purchasing an additional 945 shares during the period. Finally, Huber Capital Management LLC increased its holdings in C&F Financial by 3.6% in the 1st quarter. Huber Capital Management LLC now owns 44,061 shares of the financial services provider’s stock worth $2,159,000 after buying an additional 1,516 shares during the period. 37.23% of the stock is owned by institutional investors and hedge funds.

C&F Financial Company Profile

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.