BNP Paribas Financial Markets Has $158,000 Stock Position in C&F Financial Co. (NASDAQ:CFFI)

BNP Paribas Financial Markets lessened its position in C&F Financial Co. (NASDAQ:CFFI) by 67.1% in the third quarter, HoldingsChannel reports. The fund owned 2,705 shares of the financial services provider’s stock after selling 5,511 shares during the quarter. BNP Paribas Financial Markets’ holdings in C&F Financial were worth $158,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of CFFI. Renaissance Technologies LLC lifted its holdings in shares of C&F Financial by 9.1% in the 2nd quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock worth $4,336,000 after purchasing an additional 7,500 shares in the last quarter. Huber Capital Management LLC raised its holdings in 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 buying an additional 18,804 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of C&F Financial by 5.2% in the third quarter. Empowered Funds LLC now owns 13,532 shares of the financial services provider’s stock valued at $790,000 after buying an additional 670 shares in the last quarter. John G Ullman & Associates Inc. grew its holdings in shares of C&F Financial by 2.0% during the third quarter. John G Ullman & Associates Inc. now owns 10,050 shares of the financial services provider’s stock valued at $586,000 after buying an additional 200 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of C&F Financial during the third quarter worth about $476,000. Institutional investors own 37.23% of the company’s stock.

Insider Buying and Selling at C&F Financial

In other C&F Financial news, EVP John A. Seaman III sold 2,500 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total value of $185,125.00. Following the completion of the transaction, the executive vice president now owns 4,494 shares in the company, valued at $332,780.70. This represents a 35.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas F. Cherry sold 2,000 shares of C&F Financial stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $70.00, for a total value of $140,000.00. Following the sale, the chief executive officer now owns 39,059 shares in the company, valued at $2,734,130. The trade was a 4.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,493 shares of company stock worth $627,075. Insiders own 6.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of C&F Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

C&F Financial Stock Down 1.9 %

CFFI stock opened at $76.86 on Wednesday. The stock’s 50 day moving average is $69.15 and its 200-day moving average is $58.52. C&F Financial Co. has a twelve month low of $33.51 and a twelve month high of $80.87. The firm has a market capitalization of $247.87 million, a PE ratio of 13.58 and a beta of 0.38. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share (EPS) for the quarter. The firm had revenue of $33.46 million for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%.

C&F Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Friday, December 13th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Friday, December 13th. C&F Financial’s payout ratio is 31.10%.

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.