C&F Financial (NASDAQ:CFFI) CEO Thomas Cherry Sells 500 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 500 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.13, for a total transaction of $43,565.00. Following the sale, the chief executive officer directly owned 38,869 shares in the company, valued at approximately $3,386,655.97. The trade was a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

C&F Financial Price Performance

Shares of C&F Financial stock opened at $87.94 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31. C&F Financial Corporation has a twelve month low of $64.00 and a twelve month high of $89.76. The business has a 50-day moving average price of $79.42 and a 200 day moving average price of $76.23. The firm has a market cap of $285.81 million, a PE ratio of 9.81 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. The company had revenue of $39.37 million for the quarter. C&F Financial had a return on equity of 10.90% and a net margin of 14.91%.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.2%. C&F Financial’s dividend payout ratio (DPR) is currently 21.43%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Investors Weigh In On C&F Financial

Several hedge funds and other institutional investors have recently made changes to their positions in CFFI. BNP Paribas Financial Markets raised its position in C&F Financial by 46.1% in the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 195 shares during the period. Geode Capital Management LLC boosted its position in shares of C&F Financial by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after buying an additional 509 shares during the period. Empowered Funds LLC grew its stake in shares of C&F Financial by 7.1% in the first quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after buying an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of C&F Financial by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after buying an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after buying an additional 1,550 shares during the period. Institutional investors and hedge funds own 37.23% of the company’s stock.

About C&F Financial

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.