C&F Financial (NASDAQ:CFFI) Upgraded by StockNews.com to "Buy" Rating

C&F Financial (NASDAQ:CFFI - Get Free Report) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued on Friday.

C&F Financial Price Performance

Shares of CFFI traded up $4.12 during trading hours on Friday, reaching $61.18. The company had a trading volume of 22,531 shares, compared to its average volume of 14,251. The firm has a 50 day simple moving average of $74.16 and a 200-day simple moving average of $70.63. C&F Financial has a 12-month low of $33.51 and a 12-month high of $89.90. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $198.21 million, a price-to-earnings ratio of 10.14 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

Insider Buying and Selling

In related news, CEO Mark A. Fox sold 1,032 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $81.00, for a total value of $83,592.00. Following the completion of the transaction, the chief executive officer now owns 11,005 shares of the company's stock, valued at approximately $891,405. The trade was a 8.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.30% of the company's stock.

Institutional Investors Weigh In On C&F Financial

A number of hedge funds and other institutional investors have recently modified their holdings of CFFI. Truffle Hound Capital LLC acquired a new stake in C&F Financial during the fourth quarter worth approximately $5,344,000. Susquehanna International Group LLP lifted its stake in shares of C&F Financial by 412.7% during the 4th quarter. Susquehanna International Group LLP now owns 39,111 shares of the financial services provider's stock worth $2,787,000 after purchasing an additional 31,482 shares during the period. Rhino Investment Partners Inc acquired a new stake in shares of C&F Financial during the fourth quarter worth $2,020,000. Raymond James Financial Inc. purchased a new stake in shares of C&F Financial in the fourth quarter valued at $1,598,000. Finally, Jane Street Group LLC increased its stake in C&F Financial by 150.1% in the fourth quarter. Jane Street Group LLC now owns 22,301 shares of the financial services provider's stock valued at $1,589,000 after purchasing an additional 13,385 shares during the last quarter. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.