C1 Financial Inc. (NYSE:BNK) shares reached a new 52-week high on Tuesday . The stock traded as high as $25.28 and last traded at $25.00, with a volume of 459,299 shares. The stock had previously closed at $24.44.

The firm has a 50-day moving average of $23.24 and a 200-day moving average of $23.64. The company has a market cap of $402.50 million and a PE ratio of 25.51.

A hedge fund recently bought a new stake in C1 Financial stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of C1 Financial Inc. (NYSE:BNK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,972 shares of the financial services provider’s stock, valued at approximately $1,234,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.32% of C1 Financial as of its most recent filing with the SEC.

C1 Financial, Inc is a bank holding company. The Company is focused on serving the needs of entrepreneurs offering relationship banking services to entrepreneurs and their families, including commercial loans and a range of depository products. The Company operates from approximately 30 banking centers and over one loan production office on the West Coast of Florida and in Miami-Dade, Broward and Orange Counties.

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