Renaissance Technologies LLC Has $7.82 Million Holdings in C&F Financial Corp (NASDAQ:CFFI)

Renaissance Technologies LLC cut its holdings in C&F Financial Corp (NASDAQ:CFFI) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,200 shares of the financial services provider’s stock after selling 2,750 shares during the quarter. Renaissance Technologies LLC owned approximately 4.17% of C&F Financial worth $7,820,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Acadian Asset Management LLC boosted its stake in C&F Financial by 8.4% in the second quarter. Acadian Asset Management LLC now owns 3,478 shares of the financial services provider’s stock valued at $190,000 after buying an additional 269 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of C&F Financial by 10.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 4,868 shares of the financial services provider’s stock valued at $246,000 after purchasing an additional 459 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of C&F Financial by 3.0% during the second quarter. Bank of New York Mellon Corp now owns 19,408 shares of the financial services provider’s stock valued at $1,060,000 after purchasing an additional 565 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of C&F Financial by 594.1% during the first quarter. BNP Paribas Arbitrage SA now owns 701 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 600 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of C&F Financial by 53.4% during the fourth quarter. Bank of America Corp DE now owns 2,556 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 890 shares in the last quarter. 35.14% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine lowered C&F Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, July 3rd.

Shares of CFFI stock traded up $0.56 during mid-day trading on Wednesday, reaching $53.16. 784 shares of the stock traded hands, compared to its average volume of 4,304. The stock’s fifty day simple moving average is $49.53 and its two-hundred day simple moving average is $50.52. C&F Financial Corp has a 1-year low of $45.66 and a 1-year high of $60.80. The company has a market cap of $184.07 million, a price-to-earnings ratio of 10.01 and a beta of 0.64. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 0.91.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $1.69 EPS for the quarter. C&F Financial had a return on equity of 12.13% and a net margin of 15.34%. The firm had revenue of $28.83 million for the quarter.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, September 12th.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. The company's Retail Banking offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.

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Institutional Ownership by Quarter for C&F Financial (NASDAQ:CFFI)

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