C&F Financial (NASDAQ:CFFI) Downgraded to "Hold" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded C&F Financial from “Buy” to “Hold,” although Weiss Ratings upgraded it to “Buy.” MarketBeat’s overall analyst consensus remains “Buy.”
• C&F Financial reported quarterly EPS of $2.40 on revenue of $39.37 million, with a 10.72% return on equity and a 14.91% net margin.
• The stock opened at $94.89, near its 52-week high of $96.00, while insiders have sold 3,953 shares worth $326,416 over the past 90 days; institutional investors own 37.23% of the company.

C&F Financial (NASDAQ:CFFI - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised shares of C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, C&F Financial currently has a consensus rating of "Buy".

C&F Financial Stock Performance

Shares of C&F Financial stock opened at $94.89 on Friday. The company's 50 day moving average price is $84.46 and its two-hundred day moving average price is $78.15. The firm has a market capitalization of $308.39 million, a P/E ratio of 10.59 and a beta of 0.33. C&F Financial has a fifty-two week low of $64.71 and a fifty-two week high of $96.00. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91.

C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. The firm had revenue of $39.37 million during the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.

Insider Activity

In other news, CEO Thomas Cherry sold 678 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $75.56, for a total value of $51,229.68. Following the transaction, the chief executive officer owned 39,869 shares in the company, valued at approximately $3,012,501.64. The trade was a 1.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Larry G. Dillon sold 1,000 shares of the company's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $86.00, for a total transaction of $86,000.00. Following the completion of the sale, the chairman directly owned 34,058 shares in the company, valued at approximately $2,928,988. This represents a 2.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,953 shares of company stock worth $326,416 in the last 90 days. 6.40% of the stock is owned by company insiders.

Institutional Trading of C&F Financial

A number of institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets raised its position in shares of C&F Financial by 370.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider's stock worth $26,000 after acquiring an additional 333 shares in the last quarter. New York State Common Retirement Fund acquired a new position in shares of C&F Financial in the 2nd quarter valued at about $105,000. Rhumbline Advisers boosted its position in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider's stock valued at $196,000 after purchasing an additional 3,035 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of C&F Financial by 1,887.9% during the 2nd quarter. California State Teachers Retirement System now owns 3,280 shares of the financial services provider's stock valued at $262,000 after purchasing an additional 3,115 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in C&F Financial by 40.7% during the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider's stock worth $361,000 after purchasing an additional 1,550 shares during the period. Institutional investors own 37.23% of the company's stock.

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.

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