C1 Financial Inc. (NYSE:BNK)’s share price hit a new 52-week high on Tuesday . The company 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 price of $23.34 and a 200 day moving average price of $23.66. The stock has a market capitalization of $403.47 million and a price-to-earnings ratio of 25.57.

A hedge fund recently bought a new stake in C1 Financial stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in C1 Financial Inc. (NYSE:BNK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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 at the end of the most recent quarter.

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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