Siena Capital Partners GP LLC Takes Position in C&F Financial Corporation $CFFI

Siena Capital Partners GP LLC purchased a new stake in C&F Financial Corporation (NASDAQ:CFFI) in the 4th quarter, Holdings Channel reports. The fund purchased 6,890 shares of the financial services provider’s stock, valued at approximately $500,000.

Several other hedge funds have also modified their holdings of the business. Geode Capital Management LLC raised its holdings in C&F Financial by 110.3% during the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after purchasing an additional 38,088 shares during the last quarter. Rhumbline Advisers raised its holdings in C&F Financial by 2,137.3% during the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares during the last quarter. New York State Common Retirement Fund acquired a new position in C&F Financial during the second quarter worth $105,000. Royal Bank of Canada raised its holdings in C&F Financial by 40.7% during the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 1,550 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in 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 purchasing an additional 1,339 shares during the last quarter. 37.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, C&F Financial has a consensus rating of “Hold”.

C&F Financial Stock Performance

NASDAQ CFFI opened at $74.90 on Monday. C&F Financial Corporation has a fifty-two week low of $57.09 and a fifty-two week high of $80.99. The stock has a market cap of $243.43 million, a price-to-earnings ratio of 8.61 and a beta of 0.34. The business has a fifty day moving average of $74.37 and a 200-day moving average of $73.39. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.The company had revenue of $36.26 million during the quarter.

C&F Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. C&F Financial’s payout ratio is currently 22.07%.

Insiders Place Their Bets

In other news, CEO Thomas F. Cherry sold 500 shares of C&F Financial stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $75.00, for a total value of $37,500.00. Following the completion of the sale, the chief executive officer owned 40,369 shares of the company’s stock, valued at $3,027,675. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Elizabeth R. Kelley sold 1,025 shares of C&F Financial stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $73.00, for a total value of $74,825.00. Following the completion of the sale, the director directly owned 4,022 shares of the company’s stock, valued at approximately $293,606. This represents a 20.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 6.40% of the stock is owned by insiders.

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.