Huber Capital Management LLC Increases Holdings in C&F Financial Co. (NASDAQ:CFFI)

Huber Capital Management LLC boosted its position in C&F Financial Co. (NASDAQ:CFFI) by 42.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,865 shares of the financial services provider’s stock after buying an additional 18,804 shares during the period. Huber Capital Management LLC owned approximately 1.87% of C&F Financial worth $3,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of C&F Financial in the 2nd quarter valued at $31,000. OLD Point Trust & Financial Services N A purchased a new stake in C&F Financial in the fourth quarter valued at $48,000. Clearstead Trust LLC acquired a new stake in C&F Financial during the 1st quarter worth about $47,000. BNP Paribas Financial Markets raised its stake in shares of 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 buying an additional 1,415 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of C&F Financial by 7.9% in the 1st quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock valued at $586,000 after buying an additional 875 shares during the period. Institutional investors and hedge funds own 37.23% of the company’s stock.

Insider Buying and Selling at C&F Financial

In other news, Director Charles Elis Olsson sold 500 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $57.01, for a total transaction of $28,505.00. Following the sale, the director now directly owns 9,375 shares of the company’s stock, valued at approximately $534,468.75. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 6.30% of the stock is owned by corporate insiders.

C&F Financial Stock Up 2.7 %

Shares of CFFI opened at $60.80 on Friday. The company has a market capitalization of $204.17 million, a price-to-earnings ratio of 10.03 and a beta of 0.37. C&F Financial Co. has a 52 week low of $33.51 and a 52 week high of $72.00. The stock’s 50-day moving average price is $55.44 and its 200-day moving average price is $48.62. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.43.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $1.50 EPS for the quarter. The business had revenue of $31.15 million for the quarter. C&F Financial had a net margin of 12.16% and a return on equity of 9.05%.

C&F Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be given a dividend of $0.44 per share. The ex-dividend date is Friday, September 13th. This represents a $1.76 annualized dividend and a yield of 2.89%. C&F Financial’s dividend payout ratio is presently 29.04%.

About C&F Financial

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.