StockNews.com Upgrades C&F Financial (NASDAQ:CFFI) to “Buy”

C&F Financial (NASDAQ:CFFI) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Sunday.

C&F Financial Stock Up 3.3 %

Shares of CFFI opened at $59.75 on Friday. The stock’s 50-day moving average price is $70.23 and its two-hundred day moving average price is $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. The company has a market capitalization of $193.59 million, a PE ratio of 9.91 and a beta of 0.32. C&F Financial has a 12 month low of $34.95 and a 12 month high of $89.90.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.87 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

In other news, CEO Mark A. Fox sold 1,032 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $81.00, for a total transaction of $83,592.00. Following the transaction, the chief executive officer now owns 11,005 shares in the company, valued at approximately $891,405. This represents a 8.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 6.30% of the stock is owned by insiders.

Institutional Trading of C&F Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its holdings in shares of C&F Financial by 0.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 107,585 shares of the financial services provider’s stock valued at $7,665,000 after purchasing an additional 327 shares in the last quarter. Bridgeway Capital Management LLC raised its position in C&F Financial by 1.1% in the 4th quarter. Bridgeway Capital Management LLC now owns 42,893 shares of the financial services provider’s stock valued at $3,056,000 after buying an additional 471 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in C&F Financial by 10.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider’s stock valued at $366,000 after acquiring an additional 473 shares in the last quarter. Empowered Funds LLC boosted its holdings in C&F Financial by 5.0% during the 4th quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock worth $1,012,000 after acquiring an additional 671 shares during the last quarter. Finally, Cubist Systematic Strategies LLC grew its stake in shares of C&F Financial by 234.7% in the 4th quarter. Cubist Systematic Strategies LLC now owns 1,831 shares of the financial services provider’s stock worth $130,000 after acquiring an additional 1,284 shares in the last quarter. 37.23% of the stock is owned by institutional investors.

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.