Susquehanna International Group LLP Grows Stock Holdings in C&F Financial Co. (NASDAQ:CFFI)

Susquehanna International Group LLP lifted its holdings in shares of C&F Financial Co. (NASDAQ:CFFI - Free Report) by 412.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,111 shares of the financial services provider's stock after purchasing an additional 31,482 shares during the quarter. Susquehanna International Group LLP owned 1.21% of C&F Financial worth $2,787,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of C&F Financial during the 4th quarter valued at about $1,598,000. Truffle Hound Capital LLC bought a new position in shares of C&F Financial in the 4th quarter worth approximately $5,344,000. Empowered Funds LLC raised its holdings in C&F Financial by 5.0% in the fourth quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider's stock worth $1,012,000 after purchasing an additional 671 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of C&F Financial by 10.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider's stock worth $366,000 after acquiring an additional 473 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of C&F Financial by 23.2% in the 4th quarter. American Century Companies Inc. now owns 12,057 shares of the financial services provider's stock worth $859,000 after buying an additional 2,268 shares during the last quarter. 37.23% of the stock is currently owned by institutional investors.

Insider Activity at C&F Financial

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $81.00, for a total value of $83,592.00. Following the completion of the transaction, the chief executive officer now directly owns 11,005 shares in the company, valued at $891,405. This represents a 8.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.30% of the stock is owned by company insiders.

C&F Financial Stock Performance

CFFI traded down $0.41 during mid-day trading on Friday, reaching $67.02. 3,700 shares of the company traded hands, compared to its average volume of 13,201. The company's fifty day moving average price is $65.65 and its 200-day moving average price is $71.17. The stock has a market capitalization of $217.14 million, a P/E ratio of 11.11 and a beta of 0.47. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41. C&F Financial Co. has a 52-week low of $41.48 and a 52-week high of $89.90.

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 EPS for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%. The firm had revenue of $32.58 million during the quarter.

C&F Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a $0.46 dividend. This is a boost from C&F Financial's previous quarterly dividend of $0.44. This represents a $1.84 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Friday, March 14th. C&F Financial's dividend payout ratio (DPR) is currently 27.54%.

Analysts Set New Price Targets

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

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.