C&F Financial Corporation (NASDAQ:CFFI) Short Interest Down 16.6% in March

C&F Financial Corporation (NASDAQ:CFFI) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 40,491 shares, a decline of 16.6% from the March 15th total of 48,558 shares. Based on an average daily trading volume, of 6,103 shares, the short-interest ratio is currently 6.6 days. Currently, 1.3% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

C&F Financial Price Performance

Shares of C&F Financial stock traded down $1.08 during trading on Thursday, reaching $77.42. 4,902 shares of the company’s stock were exchanged, compared to its average volume of 4,260. C&F Financial has a 1-year low of $57.09 and a 1-year high of $80.99. The firm’s 50-day moving average price is $74.63 and its 200 day moving average price is $71.85. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.89 and a current ratio of 0.91. The company has a market cap of $252.08 million, a P/E ratio of 9.31 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 10.82% and a net margin of 14.43%.The business had revenue of $35.88 million during the quarter.

C&F Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, March 13th. This is a boost from C&F Financial’s previous quarterly dividend of $0.46. C&F Financial’s payout ratio is currently 23.19%.

Hedge Funds Weigh In On C&F Financial

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets increased its holdings in C&F Financial by 46.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 195 shares in the last quarter. Geode Capital Management LLC increased its holdings in C&F Financial by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after purchasing an additional 509 shares in the last quarter. Empowered Funds LLC increased its holdings in C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after purchasing an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in C&F Financial by 11.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 1,550 shares in the last quarter. Institutional investors and hedge funds own 37.23% of the company’s stock.

About C&F Financial

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.