StockNews.com Initiates Coverage on C&F Financial (NASDAQ:CFFI)

StockNews.com began coverage on shares of C&F Financial (NASDAQ:CFFIGet Rating) in a report issued on Tuesday. The brokerage set a “buy” rating on the financial services provider’s stock.

Shares of C&F Financial stock opened at $50.82 on Tuesday. The company has a market cap of $180.51 million, a P/E ratio of 6.40 and a beta of 0.49. The company has a current ratio of 0.89, a quick ratio of 0.84 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average of $50.54. C&F Financial has a fifty-two week low of $39.43 and a fifty-two week high of $55.00.

C&F Financial (NASDAQ:CFFIGet Rating) last announced its earnings results on Tuesday, January 25th. The financial services provider reported $1.67 earnings per share (EPS) for the quarter. The business had revenue of $31.01 million during the quarter. C&F Financial had a net margin of 20.14% and a return on equity of 14.04%.

A number of institutional investors have recently added to or reduced their stakes in CFFI. UBS Group AG raised its holdings in shares of C&F Financial by 428.2% in the third quarter. UBS Group AG now owns 1,236 shares of the financial services provider’s stock valued at $65,000 after purchasing an additional 1,002 shares during the last quarter. Royal Bank of Canada lifted its position in C&F Financial by 1,636.4% during the second quarter. Royal Bank of Canada now owns 3,004 shares of the financial services provider’s stock worth $153,000 after purchasing an additional 2,831 shares during the period. Morgan Stanley lifted its holdings in shares of C&F Financial by 304.0% in the second quarter. Morgan Stanley now owns 3,907 shares of the financial services provider’s stock worth $200,000 after acquiring an additional 2,940 shares during the last quarter. First Republic Investment Management Inc. bought a new position in shares of C&F Financial in the third quarter worth about $202,000. Finally, Susquehanna International Group LLP increased its stake in shares of C&F Financial by 16.9% in the fourth quarter. Susquehanna International Group LLP now owns 7,388 shares of the financial services provider’s stock valued at $378,000 after buying an additional 1,068 shares during the period. 28.04% of the stock is currently owned by institutional investors and hedge funds.

About C&F Financial (Get Rating)

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. The company's Retail Banking offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.

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