C&F Financial (NASDAQ:CFFI) Stock Passes Above 200-Day Moving Average – Here’s Why

C&F Financial Corporation (NASDAQ:CFFI)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $73.07 and traded as high as $73.83. C&F Financial shares last traded at $73.83, with a volume of 3,927 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of C&F Financial in a research report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, C&F Financial has a consensus rating of “Hold”.

C&F Financial Stock Down 1.5%

The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.31. The company has a fifty day moving average price of $74.11 and a 200-day moving average price of $73.09. The stock has a market capitalization of $234.55 million, a P/E ratio of 8.30 and a beta of 0.35.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.The firm had revenue of $36.26 million for the quarter.

C&F Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. C&F Financial’s payout ratio is 22.07%.

Insider Activity

In other news, Director Elizabeth R. Kelley sold 1,025 shares of C&F Financial stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $73.00, for a total value of $74,825.00. Following the sale, the director directly owned 4,022 shares of the company’s stock, valued at approximately $293,606. The trade was a 20.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 6.40% of the company’s stock.

Institutional Investors Weigh In On C&F Financial

Several large investors have recently added to or reduced their stakes in CFFI. BNP Paribas Financial Markets increased its stake in C&F Financial by 370.0% during the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 333 shares during the last quarter. New York State Common Retirement Fund bought a new stake in C&F Financial during the second quarter worth approximately $105,000. Rhumbline Advisers increased its stake in C&F Financial by 2,137.3% during the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 3,035 shares during the last quarter. Royal Bank of Canada increased its stake in C&F Financial by 40.7% during the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after acquiring an additional 1,550 shares during the last quarter. Finally, Siena Capital Partners GP LLC bought a new stake in C&F Financial during the fourth quarter worth approximately $500,000. 37.23% of the stock is 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.