C&F Financial Corporation (NASDAQ:CFFI - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $69.10 and traded as low as $64.85. C&F Financial shares last traded at $66.11, with a volume of 14,848 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded C&F Financial from a "buy" rating to a "hold" rating in a report on Monday, April 28th.
Get Our Latest Stock Analysis on CFFI
C&F Financial Stock Performance
The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $210.44 million, a P/E ratio of 9.72 and a beta of 0.44. The stock has a fifty day moving average of $64.84 and a 200-day moving average of $69.00.
C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its quarterly 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 during the quarter. C&F Financial had a return on equity of 9.59% and a net margin of 12.56%.
C&F Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th were paid a $0.46 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.84 dividend on an annualized basis and a yield of 2.83%. C&F Financial's dividend payout ratio is 27.54%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of CFFI. Raymond James Financial Inc. bought a new position in C&F Financial in the fourth quarter valued at approximately $1,598,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of C&F Financial by 10.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider's stock valued at $366,000 after buying an additional 473 shares during the last quarter. Truffle Hound Capital LLC acquired a new stake in shares of C&F Financial in the fourth quarter valued at approximately $5,344,000. American Century Companies Inc. lifted its position in shares of C&F Financial by 23.2% in the fourth quarter. American Century Companies Inc. now owns 12,057 shares of the financial services provider's stock valued at $859,000 after buying an additional 2,268 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of C&F Financial by 41.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,976 shares of the financial services provider's stock valued at $711,000 after buying an additional 2,933 shares during the last quarter. 37.23% of the stock is currently owned by institutional investors.
About C&F Financial
(
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.
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