Advisor Group Holdings Inc. increased its stake in C&F Financial Co. (NASDAQ: CFFI – Get a rating) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund held 55,874 shares of the financial services provider after acquiring an additional 413 shares during the period. Advisor Group Holdings Inc. owned approximately 1.57% of C&F Financial worth $2,823,000 at the end of the last quarter.
Changes to analyst ratings
Separately, StockNews.com began covering C&F Financial in a research report on Tuesday, August 9. They issued a “buy” rating on the stock.
Performance of C&F financial stocks
C&F Financial Stock opened at $50.70 on Friday. C&F Financial Co. has a 12-month low of $43.10 and a 12-month high of $55.00. The company has a quick ratio of 0.80, a current ratio of 0.82 and a debt ratio of 0.28. The company’s 50-day moving average price is $47.19 and its two-hundred-day moving average price is $49.57. The stock has a market capitalization of $178.46 million, a PE ratio of 6.92 and a beta of 0.43.
C&F Financial (NASDAQ: CFFI – Get a rating) last reported results on Thursday, July 21. The financial services provider reported earnings per share (EPS) of $1.91 for the quarter. C&F Financial had a return on equity of 12.70% and a net margin of 20.40%. The company had revenue of $28.29 million for the quarter.
C&F Financial announces dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 1. Shareholders of record on Wednesday, June 15 received a dividend of $0.40 per share. This represents an annualized dividend of $1.60 and a dividend yield of 3.16%. The ex-dividend date was Tuesday, June 14. C&F Financial’s dividend payout ratio (DPR) is currently 21.83%.
C&F financial profile
C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank which provides retail and business banking services. The Company’s retail banking offers various banking services, including checking accounts and savings deposit accounts, as well as business, real estate, development, mortgage, home equity and installment loans.
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