Squarepoint Ops LLC Takes $374,000 Position in C&F Financial Co. (NASDAQ:CFFI)

Squarepoint Ops LLC acquired a new position in shares of C&F Financial Co. (NASDAQ:CFFI) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,757 shares of the financial services provider’s stock, valued at approximately $374,000. Squarepoint Ops LLC owned approximately 0.23% of C&F Financial as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Huber Capital Management LLC increased its stake in shares of C&F Financial by 42.7% in the 2nd quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider’s stock worth $3,030,000 after acquiring an additional 18,804 shares during the last quarter. Renaissance Technologies LLC raised its stake in C&F Financial by 9.1% during the second quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock worth $4,336,000 after purchasing an additional 7,500 shares during the period. Cubist Systematic Strategies LLC purchased a new position in C&F Financial during the second quarter worth about $201,000. BNP Paribas Financial Markets grew its stake in shares of C&F Financial by 69.4% in the 1st quarter. BNP Paribas Financial Markets now owns 8,018 shares of the financial services provider’s stock valued at $393,000 after buying an additional 3,286 shares during the period. Finally, Clearstead Trust LLC acquired a new stake in shares of C&F Financial during the 1st quarter worth approximately $47,000. Hedge funds and other institutional investors own 37.23% of the company’s stock.

Insiders Place Their Bets

In other news, Director Charles Elis Olsson sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $57.01, for a total value of $28,505.00. Following the transaction, the director now directly owns 9,375 shares in the company, valued at approximately $534,468.75. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.30% of the stock is currently owned by insiders.

C&F Financial Stock Up 1.7 %

CFFI stock opened at $59.47 on Friday. C&F Financial Co. has a one year low of $33.51 and a one year high of $72.00. The firm has a market cap of $199.70 million, a PE ratio of 9.81 and a beta of 0.36. The firm’s 50 day moving average price is $56.72 and its 200-day moving average price is $49.35. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.88 and a current ratio of 0.90.

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

C&F Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend was Friday, September 13th. C&F Financial’s dividend payout ratio (DPR) is presently 29.04%.

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.