Insider Selling: C&F Financial (NASDAQ:CFFI) CEO Sells 141 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 141 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $77.50, for a total value of $10,927.50. Following the sale, the chief executive officer owned 39,369 shares in the company, valued at approximately $3,051,097.50. The trade was a 0.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

C&F Financial Stock Up 0.8%

Shares of NASDAQ:CFFI traded up $0.60 during mid-day trading on Monday, hitting $77.32. 3,020 shares of the company traded hands, compared to its average volume of 5,319. The firm has a market cap of $251.58 million, a P/E ratio of 8.89 and a beta of 0.34. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.90. C&F Financial Corporation has a 52-week low of $57.09 and a 52-week high of $80.99. The firm’s 50 day simple moving average is $74.75 and its 200 day simple moving average is $73.66.

C&F Financial (NASDAQ:CFFI) last announced its 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 return on equity of 11.03% and a net margin of 14.84%.

C&F Financial Dividend Announcement

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

Institutional Investors Weigh In On C&F Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its holdings in C&F Financial by 370.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 333 shares during the last quarter. New York State Common Retirement Fund purchased a new stake in C&F Financial during the 2nd quarter worth approximately $105,000. Rhumbline Advisers increased its holdings in C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares during the last quarter. Royal Bank of Canada increased its holdings in 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 worth $361,000 after purchasing an additional 1,550 shares during the last quarter. Finally, Siena Capital Partners GP LLC purchased a new stake in C&F Financial during the 4th quarter worth approximately $500,000. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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