C&F Financial (NASDAQ:CFFI) Stock Price Passes Above 200 Day Moving Average – What’s Next?

C&F Financial Corporation (NASDAQ:CFFI) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $75.66 and traded as high as $83.15. C&F Financial shares last traded at $82.59, with a volume of 5,690 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a research note on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, C&F Financial presently has a consensus rating of “Hold”.

C&F Financial Stock Performance

The firm has a market cap of $268.42 million, a price-to-earnings ratio of 9.22 and a beta of 0.32. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average is $78.15 and its 200 day moving average is $75.66.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share for the quarter. The company had revenue of $39.37 million for the quarter. C&F Financial had a return on equity of 10.90% and a net margin of 14.91%.

C&F Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were paid a $0.48 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.3%. C&F Financial’s dividend payout ratio is 21.43%.

Insiders Place Their Bets

In other C&F Financial news, EVP Jason E. Long sold 1,360 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $75.50, for a total transaction of $102,680.00. Following the transaction, the executive vice president owned 10,083 shares in the company, valued at $761,266.50. This represents a 11.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Thomas F. Cherry sold 329 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $78.50, for a total transaction of $25,826.50. Following the transaction, the chief executive officer directly owned 39,540 shares in the company, valued at $3,103,890. This represents a 0.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,263 shares of company stock worth $320,344 in the last quarter. 6.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On C&F Financial

Institutional investors have recently made changes to their positions in the stock. Siena Capital Partners GP LLC bought a new position in C&F Financial during the 4th quarter worth $500,000. BNP Paribas Financial Markets lifted its position in shares of C&F Financial by 370.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 333 shares during the period. New York State Common Retirement Fund bought a new stake in shares of C&F Financial during the 2nd quarter valued at $105,000. Royal Bank of Canada grew its holdings in shares of C&F Financial by 40.7% during 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. Finally, Goldman Sachs Group Inc. increased its position in shares of C&F Financial by 11.3% in the first 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 during the period. 37.23% of the stock is currently owned by institutional investors.

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.