BNP Paribas Financial Markets Has $158,000 Position in C&F Financial Co. (NASDAQ:CFFI)

BNP Paribas Financial Markets trimmed its position in C&F Financial Co. (NASDAQ:CFFI) by 67.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,705 shares of the financial services provider’s stock after selling 5,511 shares during the quarter. BNP Paribas Financial Markets owned 0.08% of C&F Financial worth $158,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its position in shares of C&F Financial by 9.1% during 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 period. Huber Capital Management LLC lifted its holdings in shares of C&F Financial by 42.7% during 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 period. Empowered Funds LLC boosted its position in shares of C&F Financial by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock worth $790,000 after acquiring an additional 670 shares in the last quarter. John G Ullman & Associates Inc. boosted its position 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. Finally, GSA Capital Partners LLP bought a new position in C&F Financial in the third quarter valued at approximately $476,000. Institutional investors own 37.23% of the company’s stock.

Insider Activity

In related news, EVP John A. Seaman III sold 2,500 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total value of $185,125.00. Following the completion of the sale, the executive vice president now directly owns 4,494 shares in the company, valued at $332,780.70. This represents a 35.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Bryan Edwin Mckernon sold 1,262 shares of C&F Financial stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $76.00, for a total value of $95,912.00. Following the transaction, the chief executive officer now directly owns 13,245 shares in the company, valued at $1,006,620. The trade was a 8.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,493 shares of company stock valued at $627,075 over the last quarter. 6.30% of the stock is owned by company insiders.

C&F Financial Trading Down 1.9 %

Shares of C&F Financial stock opened at $76.86 on Wednesday. The firm’s 50 day moving average is $69.15 and its 200 day moving average is $58.52. The firm has a market capitalization of $247.87 million, a PE ratio of 13.58 and a beta of 0.38. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $80.87. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41.

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

C&F Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Friday, December 13th. C&F Financial’s dividend payout ratio (DPR) is currently 31.10%.

Analyst Ratings Changes

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

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.