American Century Companies Inc. Acquires 20,057 Shares of C&F Financial Corporation $CFFI

American Century Companies Inc. raised its stake in shares of C&F Financial Corporation (NASDAQ:CFFI - Free Report) by 166.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 32,114 shares of the financial services provider's stock after purchasing an additional 20,057 shares during the quarter. American Century Companies Inc. owned 0.99% of C&F Financial worth $2,164,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of C&F Financial by 526.3% during the 4th quarter. Bank of America Corp DE now owns 5,017 shares of the financial services provider's stock worth $357,000 after purchasing an additional 4,216 shares during the period. Citadel Advisors LLC acquired a new stake in shares of C&F Financial during the 4th quarter valued at about $459,000. Jane Street Group LLC boosted its position in shares of C&F Financial by 150.1% during the 4th quarter. Jane Street Group LLC now owns 22,301 shares of the financial services provider's stock valued at $1,589,000 after acquiring an additional 13,385 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in shares of C&F Financial during the 4th quarter valued at about $230,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of C&F Financial during the 4th quarter valued at about $345,000. Institutional investors own 37.23% of the company's stock.

C&F Financial Price Performance

Shares of C&F Financial stock traded up $1.23 during trading on Thursday, hitting $72.00. 8,148 shares of the company's stock traded hands, compared to its average volume of 14,448. The company has a market cap of $233.28 million, a PE ratio of 9.54 and a beta of 0.48. C&F Financial Corporation has a twelve month low of $53.13 and a twelve month high of $89.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.91 and a quick ratio of 0.89. The firm's fifty day moving average price is $66.89 and its 200 day moving average price is $67.01.

C&F Financial (NASDAQ:CFFI - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported $2.37 EPS for the quarter. The firm had revenue of $36.36 million for the quarter. C&F Financial had a net margin of 13.67% and a return on equity of 10.52%.

C&F Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be given a $0.46 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.84 dividend on an annualized basis and a yield of 2.6%. C&F Financial's payout ratio is 24.37%.

Insider Buying and Selling at C&F Financial

In related news, CEO Thomas F. Cherry sold 1,205 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $71.00, for a total transaction of $85,555.00. Following the completion of the sale, the chief executive officer directly owned 38,402 shares of the company's stock, valued at $2,726,542. The trade was a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 6.30% of the stock is currently owned by company insiders.

About C&F Financial

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.