GSA Capital Partners LLP Takes Position in C&F Financial Co. (NASDAQ:CFFI)

GSA Capital Partners LLP acquired a new stake in C&F Financial Co. (NASDAQ:CFFI - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,159 shares of the financial services provider's stock, valued at approximately $476,000. GSA Capital Partners LLP owned approximately 0.25% of C&F Financial at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CFFI. Vanguard Group Inc. boosted its holdings in C&F Financial by 0.6% in 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 in the last quarter. Renaissance Technologies LLC grew its position in shares of C&F Financial by 9.1% in the 2nd 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 during the last quarter. Huber Capital Management LLC grew its position in shares of C&F Financial by 42.7% in 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 buying an additional 18,804 shares during the last quarter. BNP Paribas Financial Markets raised its stake in C&F Financial by 69.4% during the 1st quarter. BNP Paribas Financial Markets now owns 8,018 shares of the financial services provider's stock worth $393,000 after acquiring an additional 3,286 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in C&F Financial in the second quarter valued at $374,000. 37.23% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Thomas F. Cherry sold 2,000 shares of C&F Financial stock in a transaction dated 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 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 filing with the SEC, which is available through the SEC website. Company insiders own 6.30% of the company's stock.

C&F Financial Stock Performance

Shares of CFFI opened at $74.48 on Thursday. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $75.05. The stock has a market capitalization of $240.57 million, a P/E ratio of 13.16 and a beta of 0.36. 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's fifty day moving average is $61.90 and its two-hundred day moving average is $53.86.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com cut C&F Financial from a "buy" rating to a "hold" rating in a research report on Tuesday.

C&F Financial 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.