Schonfeld Strategic Advisors LLC Buys New Holdings in C&F Financial Co. (NASDAQ:CFFI)

Schonfeld Strategic Advisors LLC purchased a new position in C&F Financial Co. (NASDAQ:CFFI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,844 shares of the financial services provider's stock, valued at approximately $345,000. Schonfeld Strategic Advisors LLC owned approximately 0.15% of C&F Financial as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CFFI. Ritholtz Wealth Management bought a new position in C&F Financial in the 4th quarter valued at approximately $218,000. Connor Clark & Lunn Investment Management Ltd. raised its stake 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 worth $366,000 after purchasing an additional 473 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of C&F Financial by 41.6% during 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 purchasing an additional 2,933 shares in the last quarter. American Century Companies Inc. boosted its position in shares of C&F Financial by 23.2% during 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, Empowered Funds LLC increased its holdings in C&F Financial by 5.0% in the 4th quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider's stock worth $1,012,000 after buying an additional 671 shares in the last quarter. Hedge funds and other institutional investors own 37.23% of the company's stock.

C&F Financial Stock Performance

CFFI stock traded down $1.30 on Wednesday, hitting $67.90. The company had a trading volume of 6,451 shares, compared to its average volume of 13,139. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. C&F Financial Co. has a 12-month low of $41.48 and a 12-month high of $89.90. The stock has a market cap of $220.00 million, a price-to-earnings ratio of 11.26 and a beta of 0.47. The stock's 50-day simple moving average is $65.43 and its 200 day simple moving average is $71.27.

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

C&F Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were paid a dividend of $0.46 per share. This is an increase from C&F Financial's previous quarterly dividend of $0.44. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date was Friday, March 14th. C&F Financial's payout ratio is currently 27.54%.

Insider Activity

In related news, CEO Mark A. Fox sold 1,032 shares of C&F Financial stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total transaction of $83,592.00. Following the transaction, the chief executive officer now directly owns 11,005 shares in the company, valued at approximately $891,405. The trade was a 8.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.30% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of C&F Financial from a "buy" rating to a "hold" rating in a research note on Monday, April 28th.

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.