C&F Financial (NASDAQ:CFFI) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

C&F Financial Corporation (NASDAQ:CFFI) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $69.74 and traded as high as $80.99. C&F Financial shares last traded at $80.99, with a volume of 2,895 shares changing hands.

Analysts Set New Price Targets

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

C&F Financial Price Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.89. The stock has a market capitalization of $262.41 million, a P/E ratio of 9.78 and a beta of 0.35. The business’s 50 day moving average price is $72.03 and its 200 day moving average price is $69.74.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.07 EPS for the quarter. The firm had revenue of $35.88 million during the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.43%.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Investors of record on Monday, December 15th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, December 15th. C&F Financial’s dividend payout ratio is presently 22.22%.

Institutional Investors Weigh In On C&F Financial

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in shares of C&F Financial by 370.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after buying an additional 333 shares in the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of C&F Financial during the 2nd quarter worth approximately $36,000. New York State Common Retirement Fund acquired a new stake in shares of C&F Financial during the 2nd quarter valued at about $105,000. Rhumbline Advisers grew its stake in C&F Financial by 2,137.3% in the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 3,035 shares during the period. Finally, Royal Bank of Canada boosted its holdings in C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after buying an additional 1,550 shares during the last quarter. 37.23% of the stock is owned by institutional investors.

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.