C&F Financial Co. (NASDAQ:CFFI) Short Interest Update

C&F Financial Co. (NASDAQ:CFFI) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 20,800 shares, a decline of 21.5% from the September 15th total of 26,500 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 10,100 shares, the days-to-cover ratio is currently 2.1 days.

Insiders Place Their Bets

In other news, Director Charles Elis Olsson sold 500 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $57.01, for a total transaction of $28,505.00. Following the sale, the director now directly owns 9,375 shares in the company, valued at approximately $534,468.75. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.30% of the company’s stock.

Institutional Trading of C&F Financial

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of C&F Financial by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after buying an additional 945 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of C&F Financial by 9.1% during the 2nd quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock worth $4,336,000 after buying an additional 7,500 shares in the last quarter. Huber Capital Management LLC boosted its holdings in shares of C&F Financial by 42.7% during the 2nd quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider’s stock worth $3,030,000 after buying an additional 18,804 shares in the last quarter. John G Ullman & Associates Inc. boosted its holdings in shares of C&F Financial by 5.4% during the 1st quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock worth $860,000 after buying an additional 900 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of C&F Financial by 7.9% during the 1st quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock worth $586,000 after buying an additional 875 shares in the last quarter. 37.23% of the stock is currently owned by institutional investors.

C&F Financial Trading Up 0.1 %

Shares of NASDAQ:CFFI traded up $0.08 during midday trading on Friday, hitting $59.55. 9,643 shares of the stock were exchanged, compared to its average volume of 13,223. The business’s 50-day moving average price is $56.86 and its 200 day moving average price is $49.51. C&F Financial has a 12 month low of $33.51 and a 12 month high of $72.00. The stock has a market capitalization of $199.97 million, a price-to-earnings ratio of 9.83 and a beta of 0.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.88 and a current ratio of 0.90.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Wednesday, July 24th. The financial services provider reported $1.50 EPS for the quarter. C&F Financial had a return on equity of 9.05% and a net margin of 12.16%. The business had revenue of $31.15 million for the quarter.

C&F Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend was Friday, September 13th. C&F Financial’s payout ratio is presently 29.04%.

C&F Financial Company Profile

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.