75,000 Shares in C&F Financial Co. (NASDAQ:CFFI) Purchased by Truffle Hound Capital LLC

Truffle Hound Capital LLC bought a new position in shares of C&F Financial Co. (NASDAQ:CFFI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 75,000 shares of the financial services provider's stock, valued at approximately $5,344,000. C&F Financial makes up approximately 1.9% of Truffle Hound Capital LLC's investment portfolio, making the stock its 12th largest holding. Truffle Hound Capital LLC owned 2.32% of C&F Financial at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CFFI. Empowered Funds LLC increased its position in shares of C&F Financial by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider's stock valued at $790,000 after purchasing an additional 670 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in C&F Financial during the third quarter worth about $272,000. Ritholtz Wealth Management bought a new stake in C&F Financial in the fourth quarter worth about $218,000. Finally, Raymond James Financial Inc. acquired a new stake in C&F Financial in the 4th quarter valued at about $1,598,000. 37.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Mark A. Fox sold 1,032 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 11,005 shares of the company's stock, valued at approximately $891,405. This trade represents a 8.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.30% of the stock is currently owned by company insiders.

C&F Financial Price Performance

Shares of CFFI traded down $1.16 during mid-day trading on Wednesday, hitting $69.05. The company's stock had a trading volume of 19,197 shares, compared to its average volume of 13,646. 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 firm has a 50-day moving average price of $76.28 and a 200 day moving average price of $70.22. C&F Financial Co. has a fifty-two week low of $33.51 and a fifty-two week high of $89.90. The stock has a market capitalization of $223.72 million, a price-to-earnings ratio of 11.45 and a beta of 0.33.

C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its quarterly earnings results 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 business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.46 dividend. This is a positive change from C&F Financial's previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.66%. C&F Financial's dividend payout ratio (DPR) is 30.51%.

C&F Financial 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.