C&F Financial (NASDAQ:CFFI) Stock Rating Upgraded by StockNews.com

C&F Financial (NASDAQ:CFFI) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Thursday.

C&F Financial Stock Up 0.1 %

CFFI opened at $62.56 on Thursday. C&F Financial has a twelve month low of $33.51 and a twelve month high of $72.00. The company’s 50-day moving average price is $58.95 and its two-hundred day moving average price is $51.05. The stock has a market cap of $204.57 million, a price-to-earnings ratio of 11.05 and a beta of 0.36. 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 announced its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 earnings per share for the quarter. The business had revenue of $33.46 million during the quarter. C&F Financial had a return on equity of 8.68% and a net margin of 11.39%.

Institutional Trading of C&F Financial

A number of institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC bought a new position in C&F Financial in the 2nd quarter worth about $31,000. Clearstead Trust LLC purchased a new stake in shares of C&F Financial in the first quarter worth about $47,000. Cubist Systematic Strategies LLC purchased a new stake in shares of C&F Financial in the second quarter worth about $201,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of C&F Financial in the second quarter valued at approximately $206,000. Finally, Squarepoint Ops LLC bought a new stake in C&F Financial during the 2nd quarter worth approximately $374,000. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

About C&F Financial

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.