Thomas Cherry Sells 678 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 678 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $75.56, for a total transaction of $51,229.68. Following the completion of the sale, the chief executive officer directly owned 39,869 shares in the company, valued at $3,012,501.64. This trade represents a 1.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

C&F Financial Stock Down 1.5%

CFFI stock opened at $77.08 on Friday. The company’s 50 day simple moving average is $74.66 and its 200-day simple moving average is $73.60. The firm has a market capitalization of $250.51 million, a PE ratio of 8.86 and a beta of 0.34. C&F Financial Corporation has a 12 month low of $57.09 and a 12 month high of $80.99. 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 results on Thursday, April 23rd. The financial services provider reported $2.08 EPS for the quarter. The business had revenue of $36.26 million for the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.03%.

C&F Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.48 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.5%. C&F Financial’s dividend payout ratio is currently 22.07%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Hedge Funds Weigh In On C&F Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial during the fourth quarter valued at approximately $500,000. BNP Paribas Financial Markets lifted its stake in shares of C&F Financial by 370.0% during the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after buying an additional 333 shares during the period. Geode Capital Management LLC lifted its stake in shares of 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 valued at $4,483,000 after buying an additional 38,088 shares during the period. Empowered Funds LLC lifted its stake in shares of C&F Financial by 7.1% during 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 during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of C&F Financial by 11.3% during 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 during the period. Hedge funds and other institutional investors own 37.23% of the company’s stock.

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.