C&F Financial (NASDAQ:CFFI) Raised to “Buy” at Wall Street Zen

C&F Financial (NASDAQ:CFFI) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

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

C&F Financial Stock Performance

NASDAQ:CFFI opened at $88.39 on Friday. The company has a market cap of $287.27 million, a P/E ratio of 9.86 and a beta of 0.32. C&F Financial has a 1 year low of $64.71 and a 1 year high of $89.76. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. The stock’s fifty day moving average price is $80.85 and its two-hundred day moving average price is $76.83.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.The business had revenue of $39.37 million during the quarter.

Insider Activity

In related news, EVP John A. Seaman III sold 650 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $84.61, for a total transaction of $54,996.50. Following the sale, the executive vice president directly owned 4,632 shares of the company’s stock, valued at approximately $391,913.52. This represents a 12.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director D Anthony Peay sold 425 shares of C&F Financial stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $85.92, for a total transaction of $36,516.00. Following the completion of the transaction, the director directly owned 1,850 shares of the company’s stock, valued at $158,952. This trade represents a 18.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,813 shares of company stock worth $380,596. 6.40% of the stock is currently owned by company insiders.

Institutional Trading of C&F Financial

A number of institutional investors and hedge funds have recently modified their holdings of CFFI. Royal Bank of Canada lifted its stake in 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 valued at $361,000 after acquiring an additional 1,550 shares during the period. Goldman Sachs Group Inc. raised its stake in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after purchasing an additional 1,339 shares during the period. Empowered Funds LLC boosted its holdings in shares of C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after purchasing an additional 1,015 shares during the last quarter. Geode Capital Management LLC increased its position in C&F Financial by 110.3% in the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after purchasing an additional 38,088 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of C&F Financial by 2,137.3% in the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 3,035 shares during the last quarter. Institutional investors 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.