C&F Financial (NASDAQ:CFFI) CEO Thomas Cherry Sells 329 Shares

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 329 shares of C&F Financial stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $78.50, for a total transaction of $25,826.50. Following the sale, the chief executive officer owned 39,540 shares of the company’s stock, valued at approximately $3,103,890. The trade was a 0.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

C&F Financial Trading Up 2.9%

Shares of CFFI stock opened at $78.25 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $74.58 and a two-hundred day moving average price of $73.55. C&F Financial Corporation has a 12-month low of $57.09 and a 12-month high of $80.99. The firm has a market cap of $254.31 million, a P/E ratio of 8.99 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last issued its quarterly 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 return on equity of 11.03% and a net margin of 14.84%.The firm had revenue of $36.26 million during the quarter.

C&F Financial Dividend Announcement

The firm 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 $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, June 15th. C&F Financial’s payout ratio is presently 22.07%.

Analyst Upgrades and Downgrades

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 MarketBeat, C&F Financial has an average rating of “Hold”.

Institutional Investors Weigh In On C&F Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CFFI. Geode Capital Management LLC raised its holdings in C&F Financial by 110.3% during the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after buying an additional 38,088 shares during the last quarter. Siena Capital Partners GP LLC bought a new stake in C&F Financial during the 4th quarter valued at $500,000. Rhumbline Advisers raised 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 valued at $196,000 after buying an additional 3,035 shares during the last quarter. New York State Common Retirement Fund bought a new stake in C&F Financial during the 2nd quarter valued at $105,000. Finally, Royal Bank of Canada raised its position 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 valued at $361,000 after purchasing an additional 1,550 shares during the last quarter. 37.23% of the stock is currently owned by 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.