C&F Financial (NASDAQ:CFFI) Stock Passes Below 200 Day Moving Average – Time to Sell?

C&F Financial Corporation (NASDAQ:CFFI)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $68.91 and traded as low as $68.87. C&F Financial shares last traded at $68.87, with a volume of 2,790 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, C&F Financial has an average rating of “Hold”.

C&F Financial Price Performance

The company has a current ratio of 0.91, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $70.84 and a 200-day simple moving average of $68.91. The stock has a market cap of $223.00 million, a price-to-earnings ratio of 8.52 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $2.18 EPS for the quarter. The company had revenue of $36.02 million during the quarter. C&F Financial had a return on equity of 10.94% and a net margin of 14.39%.

C&F Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Monday, December 15th were issued a $0.46 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.84 dividend on an annualized basis and a yield of 2.7%. C&F Financial’s dividend payout ratio is 22.77%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in shares of C&F Financial by 110.3% in the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after buying an additional 38,088 shares during the period. Empowered Funds LLC raised its holdings in C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after acquiring an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in C&F Financial by 11.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after acquiring an additional 1,339 shares in the last quarter. SummerHaven Investment Management LLC bought a new stake in shares of C&F Financial in the 3rd quarter worth approximately $854,000. Finally, Royal Bank of Canada grew its holdings in shares of C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 1,550 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

About C&F Financial

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.