C&F Financial (NASDAQ:CFFI) Director Sells $74,825.00 in Stock

C&F Financial Corporation (NASDAQ:CFFI) Director Elizabeth Kelley sold 1,025 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $73.00, for a total transaction of $74,825.00. Following the completion of the transaction, the director directly owned 4,022 shares of the company’s stock, valued at approximately $293,606. This trade represents a 20.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

C&F Financial Price Performance

C&F Financial stock traded up $2.57 during mid-day trading on Wednesday, reaching $74.74. The company had a trading volume of 4,744 shares, compared to its average volume of 4,185. C&F Financial Corporation has a 1 year low of $57.09 and a 1 year high of $80.99. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.91 and a quick ratio of 0.89. The company has a market capitalization of $243.35 million, a P/E ratio of 8.59 and a beta of 0.35. The stock’s 50-day simple moving average is $74.12 and its 200-day simple moving average is $72.86.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share (EPS) for the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.19%. The company had revenue of $36.26 million during the quarter.

C&F Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. This is a boost from C&F Financial’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Friday, March 13th. C&F Financial’s dividend payout ratio is 22.07%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. SummerHaven Investment Management LLC purchased a new position in shares of C&F Financial during the 3rd quarter worth approximately $854,000. Geode Capital Management LLC increased its stake in shares of C&F Financial by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after purchasing an additional 509 shares in the last quarter. Empowered Funds LLC increased its stake in shares of C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after purchasing an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 1,550 shares in the last quarter. 37.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.