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 on Wednesday, May 27th. The stock was sold at an average price of $75.00, for a total value of $37,500.00. Following the completion of the transaction, the chief executive officer directly owned 40,369 shares in the company, valued at $3,027,675. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

C&F Financial Trading Up 0.5%

Shares of CFFI opened at $74.49 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $242.09 million, a P/E ratio of 8.56 and a beta of 0.35. The stock’s fifty day simple moving average is $74.28 and its 200 day simple moving average is $73.25. C&F Financial Corporation has a twelve month low of $57.09 and a twelve month high of $80.99.

C&F Financial (NASDAQ:CFFI) last issued its earnings results 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. C&F Financial’s dividend payout ratio (DPR) is 22.07%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its position in 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 purchasing an additional 333 shares during the period. New York State Common Retirement Fund purchased a new position in C&F Financial in the second quarter valued at about $105,000. Rhumbline Advisers raised its position in 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 purchasing an additional 3,035 shares during the period. Royal Bank of Canada raised its position in 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 purchasing an additional 1,550 shares during the period. Finally, Siena Capital Partners GP LLC purchased a new position in C&F Financial in the fourth quarter valued at about $500,000. 37.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.