Cubist Systematic Strategies LLC Invests $201,000 in C&F Financial Co. (NASDAQ:CFFI)

Cubist Systematic Strategies LLC acquired a new position in shares of C&F Financial Co. (NASDAQ:CFFI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,175 shares of the financial services provider’s stock, valued at approximately $201,000. Cubist Systematic Strategies LLC owned approximately 0.12% of C&F Financial as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of C&F Financial by 0.6% during the first quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after acquiring an additional 945 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of C&F Financial by 9.1% during the second quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock worth $4,336,000 after acquiring an additional 7,500 shares in the last quarter. Huber Capital Management LLC increased its position in shares of C&F Financial by 42.7% during the second quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider’s stock worth $3,030,000 after acquiring an additional 18,804 shares in the last quarter. John G Ullman & Associates Inc. increased its position in shares of C&F Financial by 5.4% during the first quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock worth $860,000 after acquiring an additional 900 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of C&F Financial by 7.9% during the first quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock worth $586,000 after acquiring an additional 875 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

C&F Financial Stock Down 1.4 %

Shares of CFFI stock opened at $58.71 on Tuesday. The company has a market capitalization of $197.15 million, a price-to-earnings ratio of 9.69 and a beta of 0.36. C&F Financial Co. has a 12-month low of $33.51 and a 12-month high of $72.00. The firm has a fifty day moving average of $56.96 and a 200-day moving average of $49.58. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.43.

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

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date was Friday, September 13th. C&F Financial’s dividend payout ratio (DPR) is currently 29.04%.

Insider Activity at C&F Financial

In related news, Director Charles Elis Olsson sold 500 shares of the firm’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $57.01, for a total value of $28,505.00. Following the completion of the transaction, the director now owns 9,375 shares of the company’s stock, valued at approximately $534,468.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.30% of the stock is owned by insiders.

C&F Financial 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.