SummerHaven Investment Management LLC Makes New $854,000 Investment in C&F Financial Corporation $CFFI

SummerHaven Investment Management LLC purchased a new stake in C&F Financial Corporation (NASDAQ:CFFI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,715 shares of the financial services provider’s stock, valued at approximately $854,000. SummerHaven Investment Management LLC owned 0.39% of C&F Financial at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CFFI. Geode Capital Management LLC increased its holdings 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 valued at $4,483,000 after acquiring an additional 38,088 shares in the last quarter. Rhumbline Advisers increased its stake in shares of 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 purchasing an additional 3,035 shares in the last quarter. New York State Common Retirement Fund purchased a new position in shares of C&F Financial during the 2nd quarter worth approximately $105,000. Royal Bank of Canada raised its position in shares of 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 purchasing an additional 1,550 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings 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 valued at $887,000 after buying an additional 1,339 shares during the last quarter. 37.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of C&F Financial in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

C&F Financial Stock Performance

Shares of CFFI opened at $71.96 on Wednesday. The firm has a market cap of $233.15 million, a price-to-earnings ratio of 8.91 and a beta of 0.34. The business’s 50 day moving average is $71.17 and its two-hundred day moving average is $69.30. The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.37. C&F Financial Corporation has a 52-week low of $53.13 and a 52-week high of $89.90.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.07 earnings per share for the quarter. The company had revenue of $35.88 million during the quarter. C&F Financial had a net margin of 14.39% and a return on equity of 10.94%.

C&F Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Investors of record on Monday, December 15th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, December 15th. C&F Financial’s dividend payout ratio is currently 22.77%.

C&F Financial Profile

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.