950 Shares in C&F Financial Co. (NASDAQ:CFFI) Purchased by Clearstead Trust LLC

Clearstead Trust LLC bought a new stake in shares of C&F Financial Co. (NASDAQ:CFFI) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 950 shares of the financial services provider’s stock, valued at approximately $47,000.

Other large investors have also recently made changes to their positions in the company. Empowered Funds LLC increased its holdings in shares of C&F Financial by 7.9% during the first quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock valued at $586,000 after acquiring an additional 875 shares in the last quarter. John G Ullman & Associates Inc. raised its holdings in C&F Financial by 5.4% in the first quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock worth $860,000 after buying an additional 900 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in C&F Financial by 69.4% in the first quarter. BNP Paribas Financial Markets now owns 8,018 shares of the financial services provider’s stock worth $393,000 after buying an additional 3,286 shares during the last quarter. OLD Point Trust & Financial Services N A bought a new position in shares of C&F Financial in the fourth quarter worth approximately $48,000. Finally, SG Americas Securities LLC purchased a new stake in shares of C&F Financial during the fourth quarter valued at approximately $119,000. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

C&F Financial Stock Down 2.7 %

NASDAQ CFFI traded down $1.34 during mid-day trading on Friday, reaching $48.94. The stock had a trading volume of 2,503 shares, compared to its average volume of 41,053. The company has a fifty day moving average price of $45.71 and a 200 day moving average price of $48.81. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.88 and a quick ratio of 0.87. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $72.00. The stock has a market cap of $164.44 million, a PE ratio of 8.08 and a beta of 0.39.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings results on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. C&F Financial had a return on equity of 9.89% and a net margin of 13.29%. The firm had revenue of $30.65 million during the quarter.

C&F Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 14th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend was Friday, June 14th. C&F Financial’s dividend payout ratio is currently 29.04%.

Insider Activity

In related news, Director Paul C. Robinson bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were bought at an average price of $39.11 per share, for a total transaction of $39,110.00. Following the completion of the acquisition, the director now owns 18,367 shares of the company’s stock, valued at approximately $718,333.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders purchased 2,500 shares of company stock valued at $97,815 over the last three months. Insiders own 6.30% of the company’s stock.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.