SG Americas Securities LLC Acquires New Holdings in C&F Financial Co. (NASDAQ:CFFI)

SG Americas Securities LLC acquired a new stake in C&F Financial Co. (NASDAQ:CFFI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,740 shares of the financial services provider’s stock, valued at approximately $119,000. SG Americas Securities LLC owned about 0.05% of C&F Financial at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CFFI. BlackRock Inc. raised its holdings in C&F Financial by 525.4% during the 2nd quarter. BlackRock Inc. now owns 154,853 shares of the financial services provider’s stock worth $8,316,000 after purchasing an additional 130,091 shares during the last quarter. Geode Capital Management LLC raised its holdings in C&F Financial by 107.9% during the 2nd quarter. Geode Capital Management LLC now owns 63,245 shares of the financial services provider’s stock worth $3,396,000 after purchasing an additional 32,824 shares during the last quarter. State Street Corp raised its holdings in C&F Financial by 236.7% during the 2nd quarter. State Street Corp now owns 36,491 shares of the financial services provider’s stock worth $1,964,000 after purchasing an additional 25,654 shares during the last quarter. Northern Trust Corp raised its holdings in C&F Financial by 242.5% during the 2nd quarter. Northern Trust Corp now owns 30,457 shares of the financial services provider’s stock worth $1,636,000 after purchasing an additional 21,565 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in C&F Financial by 120.7% during the 1st quarter. Susquehanna International Group LLP now owns 19,140 shares of the financial services provider’s stock worth $990,000 after purchasing an additional 10,469 shares during the last quarter. Institutional investors own 37.23% of the company’s stock.

C&F Financial Stock Up 1.0 %

C&F Financial stock opened at $35.69 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.84 and a current ratio of 0.85. C&F Financial Co. has a 52-week low of $33.51 and a 52-week high of $72.00. The firm has a 50 day moving average price of $49.37 and a two-hundred day moving average price of $55.52. The firm has a market cap of $120.28 million, a price-to-earnings ratio of 5.16 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $1.50 EPS for the quarter. The company had revenue of $31.75 million during the quarter. C&F Financial had a net margin of 15.56% and a return on equity of 11.51%.

C&F Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.93%. The ex-dividend date was Thursday, March 14th. C&F Financial’s dividend payout ratio (DPR) is 25.47%.

C&F Financial Profile

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.