C&F Financial Co. (NASDAQ: CFFI – Get a rating) saw significant growth in short-term interest in the month of July. As of July 31, there was short interest totaling 5,300 shares, up 12.8% from the July 15 total of 4,700 shares. Based on an average trading volume of 4,000 shares, the day-to-cover ratio is currently 1.3 days. Currently, 0.2% of the stock’s shares are sold short.

C&F financial price performance

C&F Financial stock traded down $0.50 at midday on Friday, hitting $50.70. 4,762 shares of the company were traded, against an average volume of 7,991. C&F Financial has a 1-year low of $43.10 and a 1-year high of $55.00. The stock has a market capitalization of $178.46 million, a price-earnings ratio of 6.92 and a beta of 0.43. The company has a debt ratio of 0.28, a quick ratio of 0.80 and a current ratio of 0.82. The stock has a fifty-day moving average price of $47.19 and a 200-day moving average price of $49.55.

C&F Financial (NASDAQ: CFFI – Get a rating) last announced its results on Thursday, July 21. The financial services provider reported earnings per share (EPS) of $1.91 for the quarter. C&F Financial posted a net margin of 20.40% and a return on equity of 12.70%. The company had revenue of $28.29 million in the quarter.

C&F Financial announces dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 1. Shareholders of record on Wednesday, June 15 received a dividend of $0.40. The ex-dividend date was Tuesday, June 14. This represents a dividend of $1.60 on an annualized basis and a dividend yield of 3.16%. C&F Financial’s payout ratio is 21.83%.

Changes to analyst ratings

Separately, StockNews.com alleged hedging of C&F Financial stock in a Tuesday, Aug. 9 research report. They set a “buy” rating for the company.

Institutional investors weigh in on C&F Financial

A number of hedge funds have recently changed their positions in the business. FMR LLC increased its equity stake in C&F Financial by 6.9% in Q2. FMR LLC now owns 39,886 shares of the financial services provider worth $1,834,000 after acquiring 2,576 additional shares in the last quarter. John G Ullman & Associates Inc. purchased a new stake in C&F Financial stock in Q2 for approximately $267,000. The Manufacturers Life Insurance Company increased its stake in C&F Financial shares by 13.9% in the first quarter. The Manufacturers Life Insurance Company now owns 75,588 shares of the financial services provider worth $3,788,000 after acquiring 9,203 additional shares in the last quarter. First Manhattan Co. increased its equity stake in C&F Financial by 24.5% in Q1. First Manhattan Co. now owns 20,295 shares of the financial services provider worth $1,025,000 after acquiring 4,000 additional shares in the last quarter. Finally, State Street Corp increased its stake in shares of C&F Financial by 11.0% in the 1st quarter. State Street Corp now owns 9,486 shares of the financial services provider worth $479,000 after acquiring 941 additional shares in the last quarter. 27.58% of the shares are currently held by institutional investors.

C&F Financial Company Profile

(Get a rating)

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank which provides retail and business banking services. The Company’s retail banking offers various banking services, including checking accounts and savings deposit accounts, as well as business, real estate, development, mortgage, home equity and installment loans.

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