C&F Financial Co. (NASDAQ:CFFI - Get Free Report) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 30,700 shares, an increase of 10.4% from the January 15th total of 27,800 shares. Approximately 1.0% of the company's stock are sold short. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 2.7 days.
Analyst Upgrades and Downgrades
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.
Get Our Latest Analysis on C&F Financial
Insider Activity
In other C&F Financial news, EVP John A. Seaman III sold 2,500 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total transaction of $185,125.00. Following the transaction, the executive vice president now directly owns 4,494 shares in the company, valued at approximately $332,780.70. This trade represents a 35.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jason E. Long sold 600 shares of the business's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $78.71, for a total value of $47,226.00. Following the completion of the transaction, the chief financial officer now owns 9,600 shares in the company, valued at $755,616. The trade was a 5.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,493 shares of company stock worth $487,075 in the last three months. Company insiders own 6.30% of the company's stock.
Hedge Funds Weigh In On C&F Financial
A number of large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of C&F Financial by 0.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 107,585 shares of the financial services provider's stock worth $7,665,000 after acquiring an additional 327 shares during the last quarter. Truffle Hound Capital LLC purchased a new position in C&F Financial in the 4th quarter worth $5,344,000. Bridgeway Capital Management LLC lifted its stake in C&F Financial by 1.1% in the fourth quarter. Bridgeway Capital Management LLC now owns 42,893 shares of the financial services provider's stock worth $3,056,000 after purchasing an additional 471 shares during the last quarter. Susquehanna International Group LLP boosted its position in C&F Financial by 412.7% during the fourth quarter. Susquehanna International Group LLP now owns 39,111 shares of the financial services provider's stock valued at $2,787,000 after buying an additional 31,482 shares during the period. Finally, Rhino Investment Partners Inc bought a new position in shares of C&F Financial during the fourth quarter valued at about $2,020,000. 37.23% of the stock is owned by hedge funds and other institutional investors.
C&F Financial Price Performance
NASDAQ:CFFI traded down $1.33 during trading hours on Wednesday, hitting $84.70. The stock had a trading volume of 9,687 shares, compared to its average volume of 11,318. The firm has a market capitalization of $273.58 million, a price-to-earnings ratio of 14.05 and a beta of 0.38. C&F Financial has a one year low of $33.51 and a one year high of $89.90. The company has a 50 day simple moving average of $75.49 and a two-hundred day simple moving average of $66.94. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.88.
C&F Financial (NASDAQ:CFFI - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.87 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 Company Profile
(
Get Free Report)
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.
See Also
Before you consider C&F Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C&F Financial wasn't on the list.
While C&F Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.