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

Key Points

• Wall Street Zen upgraded C&F Financial from “hold” to “buy,” although Weiss Ratings maintained a “hold (c)” rating and the overall analyst consensus remains “Hold.”
• CFFI shares opened at $88.39, near their 52-week high of $89.76, with a market capitalization of about $287 million and a P/E ratio of 9.86. The company reported quarterly EPS of $2.40 on revenue of $39.37 million.
• Company insiders sold 4,813 shares worth approximately $380,596 over the past three months, while institutional investors own 37.23% of the stock.

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

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of C&F Financial in a report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, C&F Financial has an average rating of "Hold".

C&F Financial Stock Down 0.1%

CFFI stock opened at $88.39 on Friday. The stock's fifty day simple moving average is $80.85 and its two-hundred day simple moving average is $76.79. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 0.42. C&F Financial has a 1-year low of $64.71 and a 1-year high of $89.76. The stock has a market cap of $287.27 million, a P/E ratio of 9.86 and a beta of 0.32.

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

Insider Transactions at C&F Financial

In other news, CEO Thomas F. Cherry sold 500 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $87.13, for a total transaction of $43,565.00. Following the completion of the transaction, the chief executive officer owned 38,869 shares in the company, valued at approximately $3,386,655.97. This represents a 1.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John A. Seaman III sold 650 shares of C&F Financial stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $84.61, for a total value of $54,996.50. Following the completion of the sale, the executive vice president directly owned 4,632 shares of the company's stock, valued at approximately $391,913.52. This trade represents a 12.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 4,813 shares of company stock valued at $380,596. Corporate insiders own 6.40% of the company's stock.

Hedge Funds Weigh In On C&F Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CFFI. BNP Paribas Financial Markets increased its stake in shares of C&F Financial by 370.0% in the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider's stock worth $26,000 after purchasing an additional 333 shares in the last quarter. New York State Common Retirement Fund purchased a new stake in shares of C&F Financial during the 2nd quarter valued at approximately $105,000. Rhumbline Advisers boosted its holdings in C&F Financial by 2,137.3% in the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider's stock worth $196,000 after buying an additional 3,035 shares during the period. Royal Bank of Canada boosted its holdings in C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider's stock worth $361,000 after buying an additional 1,550 shares during the period. Finally, Siena Capital Partners GP LLC bought a new stake in C&F Financial during the 4th quarter valued at $500,000. 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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