Dimensional Fund Advisors LP Increases Stock Position in C&F Financial Co. (NASDAQ:CFFI)

Dimensional Fund Advisors LP raised its position in C&F Financial Co. (NASDAQ:CFFI) by 0.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 188,007 shares of the financial services provider’s stock after purchasing an additional 187 shares during the period. Dimensional Fund Advisors LP owned 0.06% of C&F Financial worth $13,396,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Ritholtz Wealth Management acquired a new position in C&F Financial in the 4th quarter worth about $218,000. Empowered Funds LLC raised its stake in shares of C&F Financial by 5.0% during the 4th quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock worth $1,012,000 after buying an additional 671 shares during the period. Raymond James Financial Inc. purchased a new position in shares of C&F Financial during the 4th quarter valued at approximately $1,598,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in C&F Financial by 10.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider’s stock valued at $366,000 after acquiring an additional 473 shares during the period. Finally, Truffle Hound Capital LLC purchased a new stake in C&F Financial in the 4th quarter worth $5,344,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

Insider Buying and Selling

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total transaction of $83,592.00. Following the transaction, the chief executive officer now owns 11,005 shares of the company’s stock, valued at approximately $891,405. The trade was a 8.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 6.30% of the stock is currently owned by company insiders.

C&F Financial Price Performance

NASDAQ:CFFI opened at $67.02 on Friday. The stock has a 50 day moving average of $65.65 and a two-hundred day moving average of $71.11. C&F Financial Co. has a 12 month low of $41.48 and a 12 month high of $89.90. The firm has a market cap of $217.14 million, a P/E ratio of 11.11 and a beta of 0.47. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Thursday, April 24th. The financial services provider reported $1.66 EPS for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%. The firm had revenue of $32.58 million during the quarter.

C&F Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were paid a $0.46 dividend. This is an increase from C&F Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 2.75%. The ex-dividend date was Friday, March 14th. C&F Financial’s dividend payout ratio (DPR) is currently 27.54%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of C&F Financial from a “buy” rating to a “hold” rating in a report on Monday, April 28th.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.