C&F Financial (NASDAQ:CFFI) Rating Lowered to Hold at StockNews.com

C&F Financial (NASDAQ:CFFI - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a report released on Monday.

C&F Financial Price Performance

Shares of NASDAQ CFFI opened at $64.35 on Monday. The stock has a market cap of $208.49 million, a P/E ratio of 10.67 and a beta of 0.32. C&F Financial has a twelve month low of $38.21 and a twelve month high of $89.90. The stock has a 50 day moving average of $68.20 and a two-hundred day moving average of $70.85. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41.

C&F Financial (NASDAQ:CFFI - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The financial services provider reported $1.66 earnings per share for the quarter. The firm had revenue of $32.58 million during the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

Insider Activity

In related news, CEO Mark A. Fox sold 1,032 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total value of $83,592.00. Following the sale, the chief executive officer now owns 11,005 shares of the company's stock, valued at approximately $891,405. This represents a 8.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 6.30% of the company's stock.

Hedge Funds Weigh In On C&F Financial

Institutional investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC increased its position in C&F Financial by 234.7% during the 4th quarter. Cubist Systematic Strategies LLC now owns 1,831 shares of the financial services provider's stock worth $130,000 after purchasing an additional 1,284 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of C&F Financial during the 4th quarter worth about $218,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of C&F Financial during the fourth quarter worth about $230,000. 683 Capital Management LLC acquired a new position in shares of C&F Financial in the fourth quarter valued at approximately $338,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of C&F Financial during the fourth quarter valued at approximately $345,000. 37.23% of the stock is owned by institutional investors and hedge funds.

About C&F Financial

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.

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