C&F Financial’s (CFFI) “Buy” Rating Reaffirmed at DA Davidson

C&F Financial (NASDAQ:CFFI)‘s stock had its “buy” rating reaffirmed by investment analysts at DA Davidson in a note issued to investors on Tuesday, Benzinga reports. They presently have a $115.00 price target on the financial services provider’s stock. DA Davidson‘s target price indicates a potential upside of 5.58% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of C&F Financial from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Weiss Ratings upgraded C&F Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Zacks Research upgraded C&F Financial to a “hold” rating in a report on Wednesday, September 30th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.00.

C&F Financial Stock Up 0.1%

CFFI stock traded up $0.09 during midday trading on Tuesday, hitting $108.92. 35,945 shares of the company’s stock were exchanged, compared to its average volume of 22,543. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.42. The firm has a 50 day moving average price of $95.72 and a 200-day moving average price of $81.05. The stock has a market capitalization of $354.00 million, a price-to-earnings ratio of 12.15 and a beta of 0.32. C&F Financial has a 12-month low of $66.48 and a 12-month high of $110.10.

C&F Financial (NASDAQ:CFFI) last posted its earnings results on Monday, October 26th. The financial services provider reported $2.55 EPS for the quarter, topping the consensus estimate of $2.46 by $0.09. The firm had revenue of $36.69 million during the quarter, compared to analysts’ expectations of $40.50 million. C&F Financial had a net margin of 14.91% and a return on equity of 10.72%. On average, analysts anticipate that C&F Financial will post 9.42 EPS for the current year.

Insider Activity at C&F Financial

In other C&F Financial news, CEO S Dustin Crone sold 900 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $94.41, for a total transaction of $84,969.00. Following the sale, the chief executive officer directly owned 8,378 shares of the company’s stock, valued at $790,966.98. This represents a 9.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 dated Wednesday, August 5th. The shares were sold at an average price of $85.92, for a total value of $36,516.00. Following the sale, the director owned 1,850 shares in the company, valued at approximately $158,952. This represents a 18.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,475 shares of company stock valued at $401,116 over the last three months. 6.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in C&F Financial stock. Squarepoint Ops LLC purchased a new position in C&F Financial Corporation (NASDAQ:CFFI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,378 shares of the financial services provider’s stock, valued at approximately $270,000. Squarepoint Ops LLC owned 0.10% of C&F Financial as of its most recent SEC filing. Institutional investors own 37.23% of the company’s stock.

C&F Financial Company Profile

C&F Financial Corporation is a bank holding company headquartered in West Point, Virginia. Through its principal subsidiary, C&F Bank, the company provides banking and financial services to individuals, families, businesses and public-sector organizations.

C&F Bank offers deposit accounts, residential and commercial real estate lending, consumer loans, business financing, wealth management and other traditional banking services. The company also operates businesses focused on mortgage banking and consumer finance, expanding its product offerings beyond its core community banking operations.

Founded in 1927, C&F Financial serves customers primarily through a network of branches and lending offices in Virginia, with a presence concentrated in the eastern and central parts of the state.