C&F Financial (NASDAQ:CFFI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of C&F Financial (NASDAQ:CFFI) from a hold rating to a buy rating in a research report report published on Saturday morning.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

C&F Financial Stock Down 2.7%

C&F Financial stock opened at $85.96 on Friday. The business’s 50-day moving average price is $81.08 and its 200 day moving average price is $76.92. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.42. The firm has a market cap of $279.37 million, a price-to-earnings ratio of 9.59 and a beta of 0.32. C&F Financial has a 52 week low of $64.71 and a 52 week high of $92.00.

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

Insiders Place Their Bets

In other news, CEO Thomas F. Cherry sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $87.13, for a total value of $43,565.00. Following the completion of the sale, the chief executive officer directly owned 38,869 shares in the company, valued at $3,386,655.97. The trade was a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director D Anthony Peay sold 425 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $85.92, for a total value of $36,516.00. Following the transaction, the director directly owned 1,850 shares of the company’s stock, valued at approximately $158,952. The trade was a 18.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,813 shares of company stock valued at $380,596 in the last three months. 6.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new position in C&F Financial in the 2nd quarter valued at about $631,000. Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial in the fourth quarter valued at approximately $500,000. Geode Capital Management LLC boosted its stake in shares of C&F Financial by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after acquiring an additional 509 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of C&F Financial by 46.1% in the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 195 shares during the last quarter. Finally, New York State Common Retirement Fund purchased a new stake in shares of C&F Financial during the second quarter worth approximately $105,000. Institutional investors and hedge funds 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.