Larry Dillon Sells 1,000 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) Chairman Larry Dillon sold 1,000 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $86.00, for a total transaction of $86,000.00. Following the completion of the sale, the chairman owned 34,058 shares in the company, valued at $2,928,988. This represents a 2.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

C&F Financial Stock Down 4.4%

CFFI opened at $84.94 on Friday. The firm has a market capitalization of $276.22 million, a P/E ratio of 9.48 and a beta of 0.32. C&F Financial Corporation has a one year low of $64.71 and a one year high of $92.00. The company has a fifty day moving average price of $81.88 and a 200-day moving average price of $77.27. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data 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 during the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.

C&F Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.3%. C&F Financial’s payout ratio is presently 21.43%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of C&F Financial from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Weiss Ratings upgraded shares of C&F Financial from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, C&F Financial presently has a consensus rating of “Buy”.

Hedge Funds Weigh In On C&F Financial

A number of large investors have recently modified their holdings of the company. BNP Paribas Financial Markets grew its position in C&F Financial by 46.1% during the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 195 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of C&F Financial by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after acquiring an additional 509 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after purchasing an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of C&F Financial by 11.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of C&F Financial by 40.7% during the 1st 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 last quarter. 37.23% of the stock is owned by hedge funds and other institutional investors.

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.