Shares of C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) 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 changing hands.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded C&F Financial from a "buy" rating to a "hold" rating in a research report on Monday, April 28th.
Read Our Latest Stock Analysis on C&F Financial
C&F Financial Stock Down 2.7%
The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 0.89. The stock has a 50-day moving average of $64.87 and a two-hundred day moving average of $69.05. The company has a market cap of $210.44 million, a P/E ratio of 9.72 and a beta of 0.44.
C&F Financial (NASDAQ:CFFI - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The financial services provider reported $1.66 earnings per share (EPS) for the quarter. C&F Financial had a net margin of 12.56% and a return on equity of 9.59%. The company had revenue of $32.58 million during the quarter.
C&F Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders 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 dividend yield of 2.83%. C&F Financial's dividend payout ratio (DPR) is 27.54%.
Institutional Investors Weigh In On C&F Financial
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC raised its holdings in C&F Financial by 234.7% in the 4th quarter. Cubist Systematic Strategies LLC now owns 1,831 shares of the financial services provider's stock worth $130,000 after purchasing an additional 1,284 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in C&F Financial in the 1st quarter worth $202,000. Mercer Global Advisors Inc. ADV bought a new position in C&F Financial in the 4th quarter worth $230,000. 683 Capital Management LLC bought a new position in C&F Financial in the 4th quarter worth $338,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of C&F Financial in the 4th quarter worth about $345,000. 37.23% of the stock is currently owned by institutional investors.
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.
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