C&F Financial (NASDAQ:CFFI) Stock Rating Lowered by StockNews.com

C&F Financial (NASDAQ:CFFI - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a report issued on Monday.

C&F Financial Trading Down 3.8 %

Shares of C&F Financial stock traded down $2.59 during trading on Monday, hitting $64.77. The company's stock had a trading volume of 12,712 shares, compared to its average volume of 13,633. The stock has a market cap of $209.85 million, a price-to-earnings ratio of 10.74 and a beta of 0.32. The stock has a 50-day moving average price of $67.53 and a two-hundred day moving average price of $70.87. 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 has a 52 week low of $38.21 and a 52 week high of $89.90.

C&F Financial (NASDAQ:CFFI - Get Free Report) last announced its earnings results on Thursday, April 24th. The financial services provider reported $1.66 earnings per share for the quarter. The firm had revenue of $32.58 million for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

Insider Activity at C&F Financial

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of the company'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 directly owns 11,005 shares in the company, valued at $891,405. This represents a 8.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its stake in C&F Financial by 13.2% in the fourth quarter. Millennium Management LLC now owns 15,311 shares of the financial services provider's stock worth $1,091,000 after acquiring an additional 1,788 shares during the period. Cubist Systematic Strategies LLC raised its holdings in shares of C&F Financial by 234.7% in the fourth quarter. Cubist Systematic Strategies LLC now owns 1,831 shares of the financial services provider's stock worth $130,000 after buying an additional 1,284 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of 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 valued at $3,056,000 after purchasing an additional 471 shares during the period. Citadel Advisors LLC purchased a new position in C&F Financial during the 4th quarter worth approximately $459,000. Finally, Bank of America Corp DE boosted its holdings in C&F Financial by 526.3% in the fourth quarter. Bank of America Corp DE now owns 5,017 shares of the financial services provider's stock valued at $357,000 after purchasing an additional 4,216 shares during the last quarter. Hedge funds and other institutional investors 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.