C&F Financial (NASDAQ:CFFI) Downgraded to “Hold” Rating by StockNews.com

C&F Financial (NASDAQ:CFFI) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Friday.

C&F Financial Stock Down 4.0 %

Shares of C&F Financial stock opened at $67.82 on Friday. C&F Financial has a 52-week low of $33.51 and a 52-week high of $72.00. The company has a 50 day moving average of $59.66 and a 200 day moving average of $51.92. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $221.77 million, a P/E ratio of 11.98 and a beta of 0.36.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share (EPS) for the quarter. The company had revenue of $33.46 million for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.68%.

Insider Activity

In related news, CEO Thomas F. Cherry sold 2,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $70.00, for a total transaction of $140,000.00. Following the transaction, the chief executive officer now directly owns 39,059 shares in the company, valued at $2,734,130. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 6.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of C&F Financial by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock valued at $8,063,000 after purchasing an additional 945 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of C&F Financial by 9.1% during the second quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock worth $4,336,000 after buying an additional 7,500 shares during the last quarter. Huber Capital Management LLC lifted its holdings in shares of C&F Financial by 42.7% during the second quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider’s stock worth $3,030,000 after buying an additional 18,804 shares during the last quarter. Empowered Funds LLC increased its position in shares of C&F Financial by 5.2% during the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock valued at $790,000 after purchasing an additional 670 shares during the period. Finally, GSA Capital Partners LLP bought a new stake in shares of C&F Financial during the third quarter valued at approximately $476,000. 37.23% of the stock is owned by institutional investors and hedge funds.

About C&F Financial

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.