Truffle Hound Capital LLC Purchases New Stake in C&F Financial Co. (NASDAQ:CFFI)

Truffle Hound Capital LLC purchased a new stake in C&F Financial Co. (NASDAQ:CFFI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 75,000 shares of the financial services provider’s stock, valued at approximately $5,344,000. C&F Financial accounts for about 1.9% of Truffle Hound Capital LLC’s investment portfolio, making the stock its 12th biggest holding. Truffle Hound Capital LLC owned about 2.32% of C&F Financial at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Empowered Funds LLC grew its position in C&F Financial by 5.0% in the 4th quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock valued at $1,012,000 after purchasing an additional 671 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in C&F Financial in the 3rd quarter valued at $272,000. Ritholtz Wealth Management acquired a new stake in C&F Financial in the 4th quarter valued at $218,000. Finally, Raymond James Financial Inc. acquired a new stake in C&F Financial in the 4th quarter valued at $1,598,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

Insider Buying and Selling at C&F Financial

In other news, CEO Mark A. Fox sold 1,032 shares of C&F Financial 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 sale, the chief executive officer now directly owns 11,005 shares in the company, valued at $891,405. The trade was a 8.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.30% of the company’s stock.

C&F Financial Stock Performance

NASDAQ CFFI opened at $71.05 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The company has a fifty day simple moving average of $76.18 and a 200 day simple moving average of $69.83. C&F Financial Co. has a 12-month low of $33.51 and a 12-month high of $89.90. The company has a market cap of $230.20 million, a P/E ratio of 11.78 and a beta of 0.33.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

C&F Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.46 per share. The ex-dividend date is Friday, March 14th. This is a boost from C&F Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a yield of 2.59%. C&F Financial’s dividend payout ratio (DPR) is 30.51%.

C&F Financial 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.