C&F Financial (NASDAQ:CFFI) now covered by StockNews.com analysts

StockNews.com initiated a hedge on the shares of C&F Financial (NASDAQ: CFFI – Get a rating) in a note released Wednesday to investors. The brokerage has set a “buy” rating on the shares of the financial services provider.

Shares of NASDAQ:CFFI opened at $46.50 on Wednesday. C&F Financial has a 52 week low of $46.00 and a 52 week high of $55.00. The company’s 50-day moving average is $50.37 and its two-hundred-day moving average is $50.89. The company has a current ratio of 0.86, a quick ratio of 0.84 and a debt ratio of 0.28. The company has a market capitalization of $164.42 million, a PE ratio of 6.11 and a beta of 0.44.

C&F Financial (NASDAQ: CFFI – Get a rating) last reported quarterly earnings data on Thursday, April 21. The financial services provider reported EPS of $1.57 for the quarter. C&F Financial posted a net margin of 20.26% and a return on equity of 13.14%. The company had revenue of $27.21 million for the quarter.

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Separately, director James H. Hudson III sold 2,200 shares in a trade on Thursday, May 5. The shares were sold at an average price of $51.01, for a total value of $112,222.00. As a result of the transaction, the administrator now directly owns 11,627 shares of the company, valued at approximately $593,093.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders of the company own 6.40% of the shares of the company.

A number of large investors have recently changed their holdings in CFFI. UBS Group AG increased its stake in C&F Financial by 428.2% during the third quarter. UBS Group AG now owns 1,236 shares of the financial services provider worth $65,000 after purchasing an additional 1,002 shares during the period. Royal Bank of Canada increased its stake in C&F Financial by 1,636.4% during the second quarter. Royal Bank of Canada now owns 3,004 shares of the financial services provider worth $153,000 after purchasing an additional 2,831 shares during the period. Morgan Stanley increased its stake in C&F Financial by 304.0% in the second quarter. Morgan Stanley now owns 3,907 shares of the financial services provider worth $200,000 after purchasing an additional 2,940 shares during the period. Susquehanna International Group LLP increased its stake in C&F Financial by 16.9% during the fourth quarter. Susquehanna International Group LLP now owns 7,388 shares of the financial services provider worth $378,000 after purchasing an additional 1,068 shares during the period. Finally, State Street Corp increased its stake in C&F Financial by 11.0% in the 1st quarter. State Street Corp now owns 9,486 shares of the financial services provider worth $479,000 after purchasing an additional 941 shares during the period. Hedge funds and other institutional investors hold 27.58% of the company’s shares.

C&F Financial Company Profile (Get a rating)

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank which provides retail and business banking services. The Company’s retail banking offers various banking services, including checking accounts and savings deposit accounts, as well as business, real estate, development, mortgage, home equity and installment loans.

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