C&F Financial (NASDAQ:CFFI) Shares Pass Below 200-Day Moving Average – What’s Next?

C&F Financial Corporation (NASDAQ:CFFI) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $71.36 and traded as low as $70.70. C&F Financial shares last traded at $70.70, with a volume of 5,629 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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.com, the stock has an average rating of “Hold”.

C&F Financial Trading Down 2.8%

The firm has a market capitalization of $230.48 million, a price-to-earnings ratio of 8.54 and a beta of 0.34. The business has a 50 day moving average of $74.03 and a two-hundred day moving average of $71.36. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.89 and a current ratio of 0.91.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $2.07 earnings per share for the quarter. C&F Financial had a return on equity of 10.82% and a net margin of 14.43%.The company had revenue of $35.88 million for the quarter.

C&F Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from C&F Financial’s previous quarterly dividend of $0.46. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. C&F Financial’s payout ratio is presently 23.19%.

Hedge Funds Weigh In On C&F Financial

Several large investors have recently bought and sold shares of the stock. Siena Capital Partners GP LLC bought a new stake in shares of C&F Financial in the 4th quarter worth $500,000. Geode Capital Management LLC lifted its position in shares of C&F Financial by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after purchasing an additional 509 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in C&F Financial by 46.1% during the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 195 shares during the last quarter. SummerHaven Investment Management LLC bought a new stake in C&F Financial in the 3rd quarter worth about $854,000. Finally, New York State Common Retirement Fund purchased a new stake in C&F Financial in the 2nd quarter valued at about $105,000. 37.23% of the stock is currently owned by institutional investors.

C&F Financial Company Profile

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.