C&F Financial Co. (NASDAQ:CFFI) Short Interest Update

C&F Financial Co. (NASDAQ:CFFI – Get Rating) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 6,400 shares, an increase of 10.3% from the February 13th total of 5,800 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded C&F Financial from a “hold” rating to a “buy” rating in a report on Thursday, January 26th.

Insider Buying and Selling

In other news, Director Audrey Dale Holmes sold 583 shares of the stock in a transaction that occurred on Thursday, February 2nd. The stock was sold at an average price of $59.61, for a total transaction of $34,752.63. Following the completion of the sale, the director now owns 12,260 shares of the company’s stock, valued at $730,818.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Thomas F. Cherry sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $59.25, for a total transaction of $59,250.00. Following the completion of the sale, the chief executive officer now owns 37,621 shares of the company’s stock, valued at approximately $2,229,044.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Audrey Dale Holmes sold 583 shares of the business’s stock in a transaction that occurred on Thursday, February 2nd. The shares were sold at an average price of $59.61, for a total value of $34,752.63. Following the transaction, the director now owns 12,260 shares of the company’s stock, valued at $730,818.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,175 shares of company stock worth $187,485. Insiders own 6.40% of the company’s stock.

Institutional Trading of C&F Financial

Large investors have recently made changes to their positions in the company. UBS Group AG increased its stake in C&F Financial by 39.8% in the 3rd quarter. UBS Group AG now owns 1,148 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 327 shares in the last quarter. Morgan Stanley increased its stake in C&F Financial by 216.9% in the 4th quarter. Morgan Stanley now owns 3,727 shares of the financial services provider’s stock valued at $217,000 after purchasing an additional 2,551 shares in the last quarter. First Republic Investment Management Inc. purchased a new position in C&F Financial in the 3rd quarter valued at approximately $203,000. Envestnet Asset Management Inc. purchased a new position in C&F Financial in the 3rd quarter valued at approximately $251,000. Finally, Citigroup Inc. purchased a new position in C&F Financial in the 4th quarter valued at approximately $282,000. 30.00% of the stock is owned by institutional investors and hedge funds.

C&F Financial Stock Up 4.9 %

C&F Financial stock opened at $57.26 on Wednesday. The stock has a market capitalization of $198.69 million, a PE ratio of 6.88 and a beta of 0.26. C&F Financial has a 12 month low of $43.10 and a 12 month high of $63.76. The business has a 50 day simple moving average of $58.73 and a 200-day simple moving average of $56.17. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.81 and a quick ratio of 0.80.

C&F Financial (NASDAQ:CFFI – Get Rating) last released its quarterly earnings data on Tuesday, January 24th. The financial services provider reported $2.30 earnings per share for the quarter. The company had revenue of $35.94 million for the quarter. C&F Financial had a return on equity of 13.80% and a net margin of 22.88%.

C&F Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, April 1st. Investors of record on Wednesday, March 15th will be given a $0.44 dividend. The ex-dividend date is Tuesday, March 14th. This is a boost from C&F Financial’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.07%. C&F Financial’s dividend payout ratio is 20.19%.

C&F Financial Company Profile

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C&F Financial Corp. is a bank holding company engaged in the provision of banking services to individuals and businesses. It operates its business 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.