Jason Long Sells 1,360 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) EVP Jason Long sold 1,360 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $75.50, for a total value of $102,680.00. Following the completion of the transaction, the executive vice president directly owned 10,083 shares in the company, valued at $761,266.50. This represents a 11.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

C&F Financial Stock Up 2.9%

Shares of CFFI stock opened at $78.25 on Thursday. The stock’s 50-day simple moving average is $74.58 and its 200-day simple moving average is $73.55. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.90. The firm has a market capitalization of $254.31 million, a PE ratio of 8.99 and a beta of 0.34. C&F Financial Corporation has a fifty-two week low of $57.09 and a fifty-two week high of $80.99.

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

C&F Financial Dividend Announcement

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

Wall Street Analyst Weigh In

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

Institutional Trading of C&F Financial

Several hedge funds and other institutional investors have recently bought and sold shares of CFFI. Geode Capital Management LLC grew its holdings in C&F Financial by 110.3% during the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after acquiring an additional 38,088 shares during the period. Siena Capital Partners GP LLC acquired a new stake in C&F Financial during the fourth quarter worth about $500,000. Rhumbline Advisers boosted its position in C&F Financial by 2,137.3% during the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares in the last quarter. New York State Common Retirement Fund purchased a new position in C&F Financial during the second quarter worth approximately $105,000. Finally, Royal Bank of Canada boosted its position in C&F Financial by 40.7% during the first 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 institutional investors and hedge funds.

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.