Schonfeld Strategic Advisors LLC Invests $345,000 in C&F Financial Co. (NASDAQ:CFFI)

Schonfeld Strategic Advisors LLC purchased a new position in shares of C&F Financial Co. (NASDAQ:CFFI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,844 shares of the financial services provider’s stock, valued at approximately $345,000. Schonfeld Strategic Advisors LLC owned 0.15% of C&F Financial as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of C&F Financial during the fourth quarter worth $1,598,000. Truffle Hound Capital LLC purchased a new position in shares of C&F Financial during the fourth quarter worth $5,344,000. Empowered Funds LLC boosted its position in shares of C&F Financial by 5.0% during the fourth quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock worth $1,012,000 after buying an additional 671 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of C&F Financial by 10.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider’s stock worth $366,000 after buying an additional 473 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of C&F Financial by 23.2% during the fourth quarter. American Century Companies Inc. now owns 12,057 shares of the financial services provider’s stock worth $859,000 after buying an additional 2,268 shares during the period. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total value of $83,592.00. Following the sale, the chief executive officer now directly owns 11,005 shares in the company, valued at $891,405. This trade represents a 8.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.30% of the company’s stock.

C&F Financial Stock Down 0.6%

Shares of NASDAQ CFFI opened at $67.02 on Monday. The stock has a market cap of $217.14 million, a P/E ratio of 11.11 and a beta of 0.47. 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 Co. has a 12-month low of $41.48 and a 12-month high of $89.90. The business’s fifty day simple moving average is $65.65 and its 200-day simple moving average is $71.25.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings data on Thursday, April 24th. The financial services provider reported $1.66 earnings per share (EPS) for the quarter. The business had revenue of $32.58 million for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

C&F Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were paid a $0.46 dividend. This is a boost from C&F Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend was Friday, March 14th. C&F Financial’s dividend payout ratio (DPR) is presently 27.54%.

Analysts Set New Price Targets

Separately, StockNews.com cut C&F Financial from a “buy” rating to a “hold” rating in a research note on Monday, April 28th.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.