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 C&F Financial 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 sale, the executive vice president owned 10,083 shares of the company’s stock, valued at approximately $761,266.50. This trade represents a 11.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

C&F Financial Price Performance

Shares of NASDAQ CFFI traded up $1.62 during midday trading on Tuesday, hitting $76.18. 951 shares of the company’s stock were exchanged, compared to its average volume of 4,255. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.31. The business’s fifty day moving average price is $74.39 and its two-hundred day moving average price is $73.43. The company has a market cap of $247.89 million, a price-to-earnings ratio of 8.76 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.

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

C&F Financial Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in shares of C&F Financial by 46.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 195 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of C&F Financial by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after purchasing an additional 509 shares during the last quarter. Empowered Funds LLC raised its position in 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 worth $1,026,000 after purchasing an additional 1,015 shares during the period. Goldman Sachs Group Inc. lifted its stake in C&F Financial by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after purchasing an additional 1,339 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake 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 worth $361,000 after purchasing an additional 1,550 shares during the last quarter. 37.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.