Today’s Stock On Watch: Is C&F Financial Corp’s Fuel Running Low? The Stock Reaches 52-Week High Today

Today's Stock On Watch: Is C&F Financial Corp's Fuel Running Low? The Stock Reaches 52 Week High Today

The stock of C&F Financial Corp (NASDAQ:CFFI) hit a new 52-week high and has $49.93 target or 5.00% above today’s $47.55 share price. The 7 months bullish chart indicates low risk for the $170.24M company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $49.93 price target is reached, the company will be worth $8.51 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 33,486 shares traded hands or 375.45% up from the average. C&F Financial Corp (NASDAQ:CFFI) has risen 14.14% since April 21, 2016 and is uptrending. It has outperformed by 8.81% the S&P500.

Analysts await C&F Financial Corp (NASDAQ:CFFI) to report earnings on January, 26.

According to Zacks Investment Research, “C&F Financial Corporation operates retail bank branches located throughout the Williamsburg to Richmond corridor in Virginia through its Citizens and Farmers Bank subsidiary and its division, Citizens and Commerce Bank. They provide mortgage and title services through C&F Mortgage Corporation’s offices and offers full investment services through its subsidiary C&F Investment Services, Inc.”

Insitutional Activity: The institutional sentiment increased to 3.25 in 2016 Q2. Its up 0.89, from 2.36 in 2016Q1. The ratio improved, as 5 funds sold all C&F Financial Corp shares owned while 6 reduced positions. 14 funds bought stakes while 12 increased positions. They now own 699,408 shares or 33.90% more from 522,325 shares in 2016Q1.
Bnp Paribas Arbitrage has invested 0% of its portfolio in C&F Financial Corp (NASDAQ:CFFI). Teachers Advsrs holds 0% or 5,147 shares in its portfolio. Deutsche Natl Bank Ag owns 12,540 shares or 0% of their US portfolio. Invesco last reported 11,676 shares in the company. Schwab Charles Investment Management Incorporated has 0% invested in the company for 4,700 shares. Blackrock Institutional Tru Company Na last reported 39,247 shares in the company. Dubuque Financial Bank & Tru has 531 shares for 0% of their US portfolio. Creative Planning reported 1,760 shares or 0% of all its holdings. Schroder Invest Mgmt holds 0% or 6,005 shares in its portfolio. Renaissance Technologies Ltd Liability last reported 77,400 shares in the company. The California-based California State Teachers Retirement Sys has invested 0% in C&F Financial Corp (NASDAQ:CFFI). Moreover, Blackrock Invest Management Ltd Liability Co has 0% invested in C&F Financial Corp (NASDAQ:CFFI) for 12,876 shares. Blackrock Fund has 0% invested in the company for 85,194 shares. First Republic Inv Mgmt owns 5,000 shares or 0% of their US portfolio. Tiaa Cref Inv Limited Liability Corp, a New York-based fund reported 10,098 shares.

Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 8 sales for $305,901 net activity. HUDSON JAMES H III also sold $67,975 worth of C&F Financial Corp (NASDAQ:CFFI) shares. Shares for $37,728 were sold by LAWSON JOSHUA H. On Friday, July 29 the insider Olsson Charles Elis sold $56,051. Shares for $83,895 were sold by DILLON LARRY G on Friday, July 29. CHERRY THOMAS F sold $10,320 worth of stock or 240 shares. Shares for $17,812 were sold by CAUSEY J P JR.

More notable recent C&F Financial Corp (NASDAQ:CFFI) news were published by: Reuters.com which released: “BRIEF-C&F Financial Corporation announces increase in quarterly dividend” on November 17, 2016, also Globenewswire.com with their article: “C&F Financial Corporation Declares Quarterly Dividend” published on August 17, 2016, Globenewswire.com published: “C&F Financial Corporation Appoints Chief Financial Officer” on March 16, 2016. More interesting news about C&F Financial Corp (NASDAQ:CFFI) were released by: Reuters.com and their article: “BRIEF-C&F Financial Corporation posts Q3 EPS of $0.91” published on March 26, 2013 as well as Globenewswire.com‘s news article titled: “C&F Financial Corporation Announces Record Second Quarter Net Income” with publication date: July 26, 2016.

CFFI Company Profile

C&F Financial Corporation, incorporated on July 20, 1993, is a bank holding company. The Firm owns and operates through its subsidiary, Citizens and Farmers Bank (the Bank or C&F Bank), which is an independent commercial bank. The Company’s divisions include Retail Banking, Mortgage Banking, Consumer Finance and Other. The Company’s Other segment includes a full-service brokerage firm. The Bank’s subsidiaries include C&F Mortgage Corporation and its subsidiaries Certified Appraisals LLC and Lender Solutions LLC; C&F Finance Company and its subsidiary C&F Remarketing LLC; C&F Wealth Management Corporation; C&F Insurance Services, Inc., and CVB Title Services, Inc. The Firm conducts brokerage activities through C&F Wealth Management Corporation, insurance activities through C&F Insurance Services, Inc. and title insurance services through CVB Title Services, Inc. The Firm also owns three non-operating subsidiaries, C&F Financial Statutory Trust II (Trust II), C&F Financial Statutory Trust I (Trust I), and Central Virginia Bankshares Statutory Trust I (CVBK Trust I).

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