C&F Financial Co. (NASDAQ:CFFI) Short Interest Update

C&F Financial Co. (NASDAQ:CFFI) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 30,700 shares, a growth of 10.4% from the January 15th total of 27,800 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.0% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, StockNews.com lowered C&F Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th.

C&F Financial Stock Down 1.4 %

C&F Financial stock traded down $1.22 during midday trading on Monday, reaching $83.83. The company’s stock had a trading volume of 3,963 shares, compared to its average volume of 11,175. C&F Financial has a 52-week low of $33.51 and a 52-week high of $89.90. The stock has a market capitalization of $270.77 million, a P/E ratio of 13.90 and a beta of 0.38. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.88. The stock’s 50-day simple moving average is $75.20 and its 200-day simple moving average is $66.53.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.87 EPS for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

C&F Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Friday, December 13th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.76 annualized dividend and a dividend yield of 2.10%. C&F Financial’s payout ratio is currently 29.19%.

Insider Activity

In other news, EVP John A. Seaman III sold 2,500 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $74.05, for a total value of $185,125.00. Following the sale, the executive vice president now directly owns 4,494 shares in the company, valued at approximately $332,780.70. This trade represents a 35.74 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Thomas F. Cherry sold 731 shares of C&F Financial stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $78.00, for a total transaction of $57,018.00. Following the completion of the transaction, the chief executive officer now directly owns 38,328 shares in the company, valued at approximately $2,989,584. The trade was a 1.87 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,493 shares of company stock worth $487,075. 6.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On C&F Financial

Large investors have recently made changes to their positions in the stock. Truffle Hound Capital LLC acquired a new stake in C&F Financial during the 4th quarter worth about $5,344,000. Susquehanna International Group LLP raised its stake in shares of C&F Financial by 412.7% in the fourth quarter. Susquehanna International Group LLP now owns 39,111 shares of the financial services provider’s stock worth $2,787,000 after purchasing an additional 31,482 shares during the last quarter. Rhino Investment Partners Inc acquired a new stake in shares of C&F Financial during the fourth quarter worth about $2,020,000. Raymond James Financial Inc. purchased a new stake in C&F Financial in the fourth quarter valued at approximately $1,598,000. Finally, Jane Street Group LLC increased its holdings in C&F Financial by 150.1% in the 4th quarter. Jane Street Group LLC now owns 22,301 shares of the financial services provider’s stock worth $1,589,000 after buying an additional 13,385 shares during the period. 37.23% of the stock is owned by hedge funds and other institutional investors.

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.