C&F Financial Co. (NASDAQ:CFFI) Short Interest Update

C&F Financial Co. (NASDAQ:CFFI - Get Free Report) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 19,200 shares, a decrease of 15.4% from the November 15th total of 22,700 shares. Based on an average trading volume of 8,300 shares, the short-interest ratio is presently 2.3 days. Approximately 0.6% of the shares of the company are short sold.

Insider Activity at C&F Financial

In other C&F Financial news, CEO Thomas F. Cherry sold 2,000 shares of C&F Financial stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $70.00, for a total value of $140,000.00. Following the completion of the transaction, the chief executive officer now directly owns 39,059 shares in the company, valued at $2,734,130. The trade was a 4.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Bryan Edwin Mckernon sold 1,262 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $76.00, for a total value of $95,912.00. Following the sale, the chief executive officer now owns 13,245 shares in the company, valued at $1,006,620. The trade was a 8.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,493 shares of company stock valued at $627,075. Corporate insiders own 6.30% of the company's stock.

Institutional Investors Weigh In On C&F Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in 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 valued at $8,063,000 after purchasing an additional 945 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of C&F Financial by 9.1% in the second quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider's stock valued at $4,336,000 after buying an additional 7,500 shares in the last quarter. Huber Capital Management LLC lifted its position in shares of C&F Financial by 42.7% during the 2nd quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider's stock valued at $3,030,000 after acquiring an additional 18,804 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of C&F Financial by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider's stock worth $790,000 after acquiring an additional 670 shares in the last quarter. Finally, John G Ullman & Associates Inc. grew its holdings in shares of C&F Financial by 2.0% in the 3rd quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider's stock worth $586,000 after acquiring an additional 200 shares during the last quarter. Institutional investors own 37.23% of the company's stock.

C&F Financial Stock Performance

C&F Financial stock traded up $0.16 during mid-day trading on Monday, hitting $78.36. 9,268 shares of the company's stock traded hands, compared to its average volume of 12,618. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41. C&F Financial has a one year low of $33.51 and a one year high of $80.87. The firm has a 50 day moving average price of $68.77 and a 200 day moving average price of $58.29. The company has a market cap of $252.71 million, a PE ratio of 13.84 and a beta of 0.38.

C&F Financial (NASDAQ:CFFI - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%. The business had revenue of $33.46 million for the quarter.

C&F Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Friday, December 13th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.25%. C&F Financial's dividend payout ratio is presently 31.10%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of C&F Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, November 19th.

About C&F Financial

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.