C&F Financial (CFFI) Rating Lowered to Sell at ValuEngine

ValuEngine cut shares of C&F Financial (NASDAQ:CFFI) from a hold rating to a sell rating in a research report report published on Tuesday, ValuEngine reports.

Shares of CFFI stock opened at $48.28 on Tuesday. C&F Financial has a 1 year low of $45.77 and a 1 year high of $67.40. The company has a market cap of $182.71 million, a PE ratio of 10.18 and a beta of 0.60. The company has a current ratio of 1.00, a quick ratio of 0.96 and a debt-to-equity ratio of 0.95.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Tuesday, April 23rd. The financial services provider reported $1.08 earnings per share (EPS) for the quarter. C&F Financial had a net margin of 15.23% and a return on equity of 12.20%. The company had revenue of $26.75 million for the quarter.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Thursday, March 14th.

Institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA raised its stake in shares of C&F Financial by 594.1% during the first quarter. BNP Paribas Arbitrage SA now owns 701 shares of the financial services provider’s stock worth $35,000 after buying an additional 600 shares during the last quarter. Bank of America Corp DE raised its stake in shares of C&F Financial by 53.4% during the fourth quarter. Bank of America Corp DE now owns 2,556 shares of the financial services provider’s stock worth $136,000 after buying an additional 890 shares during the last quarter. Rhumbline Advisers bought a new stake in C&F Financial in the fourth quarter valued at approximately $253,000. First Trust Advisors LP increased its stake in C&F Financial by 18.6% in the fourth quarter. First Trust Advisors LP now owns 5,869 shares of the financial services provider’s stock valued at $312,000 after purchasing an additional 921 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in C&F Financial by 4.6% in the fourth quarter. Bank of New York Mellon Corp now owns 18,697 shares of the financial services provider’s stock valued at $995,000 after purchasing an additional 814 shares in the last quarter. 35.33% of the stock is owned by institutional investors and hedge funds.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. The company's Retail Banking offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.

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