C&F Financial Co. (NASDAQ:CFFI) Stock Position Decreased by Jane Street Group LLC

Jane Street Group LLC cut its stake in shares of C&F Financial Co. (NASDAQ:CFFI) by 52.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,916 shares of the financial services provider’s stock after selling 9,658 shares during the quarter. Jane Street Group LLC owned 0.28% of C&F Financial worth $520,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. John G Ullman & Associates Inc. boosted its stake in shares of C&F Financial by 2.0% during the 3rd quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider’s stock worth $586,000 after acquiring an additional 200 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of C&F Financial during the 2nd quarter worth $31,000. Empowered Funds LLC lifted its holdings in shares of C&F Financial by 5.2% in the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock valued at $790,000 after purchasing an additional 670 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of C&F Financial in the second quarter valued at $201,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of C&F Financial in the second quarter valued at $206,000. 37.23% of the stock is owned by institutional investors.

C&F Financial Price Performance

CFFI opened at $70.54 on Monday. The stock has a fifty day moving average of $72.14 and a 200-day moving average of $60.83. The firm has a market capitalization of $228.13 million, a P/E ratio of 12.46 and a beta of 0.38. C&F Financial Co. has a 12-month low of $33.51 and a 12-month high of $80.87. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41.

C&F Financial (NASDAQ:CFFI) last released its earnings results on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share (EPS) for the quarter. The company had revenue of $33.46 million during the quarter. C&F Financial had a return on equity of 8.58% and a net margin of 11.39%.

C&F Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Friday, December 13th were issued a dividend of $0.44 per share. The ex-dividend date was Friday, December 13th. This represents a $1.76 annualized dividend and a dividend yield of 2.50%. C&F Financial’s dividend payout ratio is 31.10%.

Analyst Ratings Changes

Separately, StockNews.com lowered C&F Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th.

Insider Buying and Selling

In related news, CEO Bryan Edwin Mckernon sold 1,262 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $76.00, for a total transaction of $95,912.00. Following the completion of the sale, the chief executive officer now directly owns 13,245 shares in the company, valued at approximately $1,006,620. This trade represents a 8.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jason E. Long sold 600 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $78.71, for a total value of $47,226.00. Following the sale, the chief financial officer now owns 9,600 shares of the company’s stock, valued at approximately $755,616. This represents a 5.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,493 shares of company stock worth $627,075. Corporate insiders own 6.30% of the company’s stock.

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.