GSA Capital Partners LLP Acquires New Holdings in C&F Financial Co. (NASDAQ:CFFI)

GSA Capital Partners LLP acquired a new stake in shares of C&F Financial Co. (NASDAQ:CFFI) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,159 shares of the financial services provider’s stock, valued at approximately $476,000. GSA Capital Partners LLP owned approximately 0.25% of C&F Financial as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Huber Capital Management LLC raised its position in C&F Financial by 42.7% in the second 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 in the last quarter. Squarepoint Ops LLC acquired a new stake in C&F Financial in the 2nd quarter valued at about $374,000. Renaissance Technologies LLC lifted its holdings in C&F Financial by 9.1% in the 2nd quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock valued at $4,336,000 after acquiring an additional 7,500 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in C&F Financial in the 2nd quarter valued at about $206,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in C&F Financial in the 2nd quarter valued at about $201,000. 37.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of C&F Financial from a “buy” rating to a “hold” rating in a report on Tuesday.

Insiders Place Their Bets

In other C&F Financial news, CEO Thomas F. Cherry sold 2,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $70.00, for a total transaction of $140,000.00. Following the sale, the chief executive officer now owns 39,059 shares in the company, valued at approximately $2,734,130. The trade was a 4.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 6.30% of the company’s stock.

C&F Financial Price Performance

Shares of NASDAQ CFFI opened at $74.48 on Thursday. The firm has a 50-day moving average of $61.90 and a two-hundred day moving average of $53.86. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $240.20 million, a price-to-earnings ratio of 13.16 and a beta of 0.36. C&F Financial Co. has a twelve month low of $33.51 and a twelve month high of $75.05.

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

C&F Financial 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.