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

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

C&F Financial Stock Performance

Shares of NASDAQ CFFI opened at $56.01 on Friday. The firm has a market capitalization of $181.47 million, a price-to-earnings ratio of 9.29 and a beta of 0.32. C&F Financial has a one year low of $33.51 and a one year high of $89.90. The business has a fifty day simple moving average of $72.83 and a 200 day simple moving average of $70.57. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

Insider Buying and Selling at C&F Financial

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total transaction of $83,592.00. Following the completion of the transaction, the chief executive officer now directly owns 11,005 shares in the company, valued at $891,405. This represents a 8.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On C&F Financial

Several large investors have recently made changes to their positions in the company. Cubist Systematic Strategies LLC boosted its position in C&F Financial by 234.7% in the fourth quarter. Cubist Systematic Strategies LLC now owns 1,831 shares of the financial services provider’s stock valued at $130,000 after buying an additional 1,284 shares in the last quarter. Ritholtz Wealth Management bought a new position in shares of C&F Financial in the fourth quarter valued at approximately $218,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of C&F Financial in the 4th quarter worth approximately $230,000. 683 Capital Management LLC bought a new stake in C&F Financial during the 4th quarter worth approximately $338,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in C&F Financial during the 4th quarter valued at $345,000. Institutional investors own 37.23% of the company’s stock.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates 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.