C&F Financial (NASDAQ:CFFI) Shares Pass Above 200-Day Moving Average – Should You Sell?

C&F Financial Corporation (NASDAQ:CFFI) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $70.18 and traded as high as $78.86. C&F Financial shares last traded at $78.86, with a volume of 2,111 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

C&F Financial Stock Performance

The company’s 50-day moving average is $73.38 and its two-hundred day moving average is $70.27. The company has a market capitalization of $252.30 million, a P/E ratio of 9.41 and a beta of 0.35. The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.37.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings results on Tuesday, January 27th. The financial services provider reported $2.07 EPS for the quarter. The business had revenue of $35.88 million during the quarter. C&F Financial had a net margin of 14.43% and a return on equity of 11.03%.

C&F Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Monday, December 15th were given a dividend of $0.46 per share. The ex-dividend date was Monday, December 15th. This represents a $1.84 dividend on an annualized basis and a yield of 2.4%. C&F Financial’s dividend payout ratio (DPR) is presently 22.22%.

Hedge Funds Weigh In On C&F Financial

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada lifted its position in C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after buying an additional 1,550 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of C&F Financial by 11.3% during the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after acquiring an additional 1,339 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after acquiring an additional 1,015 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of C&F Financial by 110.3% in the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after purchasing an additional 38,088 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in shares of C&F Financial during the second quarter valued at about $36,000. 37.23% of the stock is currently owned by institutional investors.

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.