C&F Financial Corporation (CFFI) Shares Bought by LSV Asset Management
LSV Asset Management boosted its stake in shares of C&F Financial Corporation (NASDAQ:CFFI) by 5.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,602 shares of the financial services provider’s stock after acquiring an additional 2,622 shares during the period. LSV Asset Management owned 1.39% of C&F Financial Corporation worth $2,279,000 at the end of the most recent quarter.
Separately, SG Americas Securities LLC purchased a new position in C&F Financial Corporation during the second quarter valued at $238,000. 27.18% of the stock is owned by institutional investors.
C&F Financial Corporation (NASDAQ:CFFI) opened at 52.65 on Thursday. The stock has a market capitalization of $183.59 million, a PE ratio of 13.92 and a beta of 0.89. C&F Financial Corporation has a 1-year low of $40.01 and a 1-year high of $53.40. The company’s 50-day moving average is $48.25 and its 200 day moving average is $47.97.
C&F Financial Corporation (NASDAQ:CFFI) last posted its earnings results on Thursday, July 27th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter. The firm had revenue of $27.37 million during the quarter. C&F Financial Corporation had a net margin of 11.31% and a return on equity of 9.27%. Equities analysts predict that C&F Financial Corporation will post $1.68 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Shareholders of record on Friday, September 15th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Thursday, September 14th. C&F Financial Corporation’s dividend payout ratio is presently 35.01%.
C&F Financial Corporation Profile
C&F Financial Corporation is a bank holding company. The Company owns and operates through its subsidiary, Citizens and Farmers Bank (the Bank or C&F Bank), which is an independent commercial bank. The Company’s segments include Retail Banking, Mortgage Banking, Consumer Finance and Other. Through the Retail Banking segment, the Company engages in a range of lending activities, which include the origination of one- to four-family and multi-family residential mortgage loans, commercial real estate loans, construction loans, land acquisition and development loans, consumer loans and commercial business loans.
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