C&F Financial (NASDAQ:CFFI) Stock Price Passes Below 200-Day Moving Average of $55.81

C&F Financial Co. (NASDAQ:CFFI – Get Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $55.81 and traded as low as $50.76. C&F Financial shares last traded at $51.01, with a volume of 4,180 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of C&F Financial in a research report on Thursday, May 18th. They set a “hold” rating on the stock.

C&F Financial Trading Down 1.7 %

The stock has a market cap of $174.96 million, a PE ratio of 5.94 and a beta of 0.28. The company has a 50 day moving average of $52.57 and a two-hundred day moving average of $55.81. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.81 and a current ratio of 0.82.

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, July 1st. Stockholders of record on Thursday, June 15th will be given a dividend of $0.44 per share. The ex-dividend date is Wednesday, June 14th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.45%. C&F Financial’s dividend payout ratio (DPR) is 20.49%.

Institutional Investors Weigh In On C&F Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in CFFI. Bank of New York Mellon Corp grew its stake in C&F Financial by 1.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 11,646 shares of the financial services provider’s stock valued at $623,000 after acquiring an additional 206 shares in the last quarter. State Street Corp boosted its holdings in C&F Financial by 2.6% in the third quarter. State Street Corp now owns 9,737 shares of the financial services provider’s stock valued at $525,000 after purchasing an additional 251 shares during the period. Renaissance Technologies LLC raised its stake in C&F Financial by 0.4% in the first quarter. Renaissance Technologies LLC now owns 82,000 shares of the financial services provider’s stock valued at $4,240,000 after buying an additional 300 shares in the last quarter. UBS Group AG increased its stake in C&F Financial by 39.8% in the third quarter. UBS Group AG now owns 1,148 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 327 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of C&F Financial by 1.6% during the first quarter. Geode Capital Management LLC now owns 30,421 shares of the financial services provider’s stock worth $1,573,000 after purchasing an additional 476 shares during the last quarter. Hedge funds and other institutional investors own 30.00% of the company’s stock.

About C&F Financial

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C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.