C&F Financial (NASDAQ:CFFI) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

C&F Financial Co. (NASDAQ:CFFI - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $69.74 and traded as high as $73.79. C&F Financial shares last traded at $73.79, with a volume of 5,841 shares changing hands.

C&F Financial Stock Performance

The stock has a market capitalization of $233.25 million, a price-to-earnings ratio of 11.94 and a beta of 0.33. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.88. The stock has a 50-day moving average of $76.18 and a 200 day moving average of $70.01.

C&F Financial (NASDAQ:CFFI - Get Free Report) last announced 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 net margin of 11.67% and a return on equity of 8.97%.

C&F Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from C&F Financial's previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a yield of 2.56%. C&F Financial's dividend payout ratio (DPR) is 30.51%.

Insiders Place Their Bets

In related news, CEO Mark A. Fox sold 1,032 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $81.00, for a total value of $83,592.00. Following the sale, the chief executive officer now directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.30% of the company's stock.

Institutional Trading of C&F Financial

Hedge funds and other institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC boosted 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 acquiring an additional 1,284 shares during the last quarter. Ritholtz Wealth Management acquired a new position in C&F Financial during the fourth quarter worth $218,000. Mercer Global Advisors Inc. ADV bought a new position in C&F Financial in the fourth quarter valued at $230,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in C&F Financial in the 3rd quarter valued at $272,000. Finally, 683 Capital Management LLC acquired a new stake in C&F Financial in the 4th quarter valued at $338,000. Institutional investors and hedge funds own 37.23% of the company's stock.

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.