C&F Financial (NASDAQ:CFFI) CEO Sells $25,826.50 in Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 329 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $78.50, for a total value of $25,826.50. Following the sale, the chief executive officer owned 39,540 shares of the company’s stock, valued at $3,103,890. This represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

C&F Financial Trading Up 0.2%

Shares of CFFI stock opened at $77.20 on Friday. The stock has a market capitalization of $250.90 million, a PE ratio of 8.87 and a beta of 0.34. C&F Financial Corporation has a 1-year low of $57.09 and a 1-year high of $80.99. The business has a 50-day moving average of $74.75 and a 200 day moving average of $73.62. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.90 and a quick ratio of 0.88.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.The business had revenue of $36.26 million during the quarter.

C&F Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, June 15th. C&F Financial’s dividend payout ratio (DPR) is presently 22.07%.

Institutional Trading of C&F Financial

Several large investors have recently modified their holdings of the company. BNP Paribas Financial Markets lifted its position in shares of C&F Financial by 370.0% in the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 333 shares in the last quarter. New York State Common Retirement Fund purchased a new position in shares of C&F Financial in the second quarter valued at about $105,000. Rhumbline Advisers lifted its position in shares of C&F Financial by 2,137.3% in the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 3,035 shares in the last quarter. Royal Bank of Canada lifted its position in shares of C&F Financial by 40.7% in the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 1,550 shares in the last quarter. Finally, Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial in the fourth quarter valued at about $500,000. Institutional investors own 37.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a research note on Friday, March 27th. One investment 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.