C&F Financial (NASDAQ:CFFI) Share Price Crosses Below Two Hundred Day Moving Average of $51.66

C&F Financial Co. (NASDAQ:CFFI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $51.66 and traded as low as $44.84. C&F Financial shares last traded at $46.77, with a volume of 11,873 shares trading hands.

C&F Financial Trading Up 2.8 %

The business has a 50 day simple moving average of $42.37 and a two-hundred day simple moving average of $51.66. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.43. The stock has a market cap of $157.15 million, a price-to-earnings ratio of 7.72 and a beta of 0.42.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings data on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. C&F Financial had a return on equity of 9.89% and a net margin of 13.29%. The firm had revenue of $30.65 million during the quarter.

C&F Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be given a $0.44 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.76 annualized dividend and a dividend yield of 3.76%. C&F Financial’s payout ratio is 29.04%.

Insider Transactions at C&F Financial

In other news, Director Paul C. Robinson bought 1,000 shares of the firm’s stock in a transaction dated Friday, April 26th. The stock was bought at an average price of $39.11 per share, for a total transaction of $39,110.00. Following the transaction, the director now owns 18,367 shares in the company, valued at $718,333.37. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In the last quarter, insiders bought 2,500 shares of company stock worth $97,815. 6.30% of the stock is currently owned by corporate insiders.

Institutional Trading of C&F Financial

Several hedge funds have recently made changes to their positions in CFFI. Clearstead Trust LLC bought a new stake in shares of C&F Financial in the 1st quarter worth approximately $47,000. OLD Point Trust & Financial Services N A bought a new stake in C&F Financial during the 4th quarter valued at $48,000. SG Americas Securities LLC bought a new stake in C&F Financial during the 4th quarter valued at $119,000. BNP Paribas Financial Markets raised its stake in C&F Financial by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider’s stock valued at $323,000 after acquiring an additional 1,415 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in C&F Financial by 27.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 10,023 shares of the financial services provider’s stock valued at $537,000 after acquiring an additional 2,169 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

C&F Financial Company Profile

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.