Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial Corporation (NASDAQ:CFFI – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,890 shares of the financial services provider’s stock, valued at approximately $500,000. Siena Capital Partners GP LLC owned about 0.21% of C&F Financial as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in CFFI. Royal Bank of Canada grew its stake in C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after buying an additional 1,550 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after buying an additional 1,339 shares during the last quarter. Empowered Funds LLC grew its stake in C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after buying an additional 1,015 shares during the last quarter. Geode Capital Management LLC grew its stake in C&F Financial by 110.3% during the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after buying an additional 38,088 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after buying an additional 3,035 shares during the last quarter. Hedge funds and other institutional investors own 37.23% of the company’s stock.
C&F Financial Stock Performance
Shares of CFFI stock opened at $74.90 on Monday. The business’s 50 day moving average is $74.37 and its two-hundred day moving average is $73.39. C&F Financial Corporation has a twelve month low of $57.09 and a twelve month high of $80.99. The company has a market capitalization of $243.43 million, a P/E ratio of 8.61 and a beta of 0.34. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.31.
C&F Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. C&F Financial’s dividend payout ratio (DPR) is currently 22.07%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, C&F Financial has a consensus rating of “Hold”.
Get Our Latest Research Report on CFFI
Insider Activity at C&F Financial
In other news, CEO Thomas F. Cherry sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $75.00, for a total value of $37,500.00. Following the completion of the sale, the chief executive officer directly owned 40,369 shares of the company’s stock, valued at $3,027,675. This trade represents a 1.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Elizabeth R. Kelley sold 1,025 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $73.00, for a total value of $74,825.00. Following the completion of the sale, the director directly owned 4,022 shares of the company’s stock, valued at $293,606. This represents a 20.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 6.40% of the stock is owned by company insiders.
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.
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