SG Americas Securities LLC Buys Shares of 1,740 C&F Financial Co. (NASDAQ:CFFI)

SG Americas Securities LLC bought a new stake in shares of C&F Financial Co. (NASDAQ:CFFI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,740 shares of the financial services provider’s stock, valued at approximately $119,000.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in shares of C&F Financial by 4,606.3% during the first quarter. Bank of America Corp DE now owns 753 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 737 shares in the last quarter. BNP Paribas Arbitrage SNC grew its holdings in shares of C&F Financial by 1,167.1% during the second quarter. BNP Paribas Arbitrage SNC now owns 925 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 852 shares in the last quarter. California State Teachers Retirement System purchased a new position in shares of C&F Financial during the second quarter worth about $59,000. UBS Group AG grew its holdings in shares of C&F Financial by 39.8% during the third quarter. UBS Group AG now owns 1,148 shares of the financial services provider’s stock worth $62,000 after purchasing an additional 327 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of C&F Financial during the third quarter worth about $64,000. Hedge funds and other institutional investors own 37.23% of the company’s stock.

C&F Financial Stock Up 1.0 %

Shares of NASDAQ CFFI opened at $35.69 on Friday. C&F Financial Co. has a 12 month low of $33.51 and a 12 month high of $72.00. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $120.28 million, a price-to-earnings ratio of 5.16 and a beta of 0.32. The business has a 50-day moving average of $49.37 and a 200-day moving average of $55.52.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Wednesday, January 24th. The financial services provider reported $1.50 earnings per share (EPS) for the quarter. The business had revenue of $31.75 million during the quarter. C&F Financial had a return on equity of 11.51% and a net margin of 15.56%.

C&F Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend was Thursday, March 14th. C&F Financial’s dividend payout ratio is currently 25.47%.

C&F Financial Profile

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.