C&F Financial (NASDAQ:CFFI) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of C&F Financial (NASDAQ:CFFI – Get Rating) in a note issued to investors on Sunday. The firm set a “buy” rating on the financial services provider’s stock.

Shares of NASDAQ CFFI opened at $51.16 on Friday. The business’s 50 day moving average price is $50.88 and its two-hundred day moving average price is $51.10. The company has a market cap of $180.90 million, a PE ratio of 6.72 and a beta of 0.44. The company has a quick ratio of 0.84, a current ratio of 0.86 and a debt-to-equity ratio of 0.28. C&F Financial has a twelve month low of $47.58 and a twelve month high of $55.00.

In other C&F Financial news, Director James H. Hudson III sold 2,200 shares of the business’s stock in a transaction that occurred on Thursday, May 5th. The stock was sold at an average price of $51.01, for a total transaction of $112,222.00. Following the transaction, the director now owns 11,627 shares of the company’s stock, valued at $593,093.27. The sale was disclosed in a document filed with the SEC, which is available through this link. 6.40% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of C&F Financial by 1.9% in the fourth quarter. BlackRock Inc. now owns 15,405 shares of the financial services provider’s stock valued at $789,000 after purchasing an additional 294 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of C&F Financial by 1.7% in the fourth quarter. Wells Fargo & Company MN now owns 17,882 shares of the financial services provider’s stock valued at $915,000 after purchasing an additional 295 shares during the last quarter. Advisor Group Holdings Inc. grew its position in shares of C&F Financial by 0.7% in the fourth quarter. Advisor Group Holdings Inc. now owns 55,461 shares of the financial services provider’s stock valued at $2,839,000 after purchasing an additional 400 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of C&F Financial by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 185,674 shares of the financial services provider’s stock valued at $9,304,000 after purchasing an additional 681 shares during the last quarter. Finally, LSV Asset Management grew its position in shares of C&F Financial by 2.3% in the first quarter. LSV Asset Management now owns 38,267 shares of the financial services provider’s stock valued at $1,918,000 after purchasing an additional 851 shares during the last quarter. 27.58% of the stock is currently owned by institutional investors.

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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