Insider Selling: C&F Financial (NASDAQ:CFFI) Chairman Sells 1,000 Shares

C&F Financial Corporation (NASDAQ:CFFI) Chairman Larry Dillon sold 1,000 shares of C&F Financial stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $86.00, for a total value of $86,000.00. Following the completion of the transaction, the chairman directly owned 34,058 shares of the company’s stock, valued at approximately $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 available through this hyperlink.

C&F Financial Stock Down 2.7%

Shares of NASDAQ:CFFI traded down $2.34 during trading on Thursday, hitting $84.88. The company’s stock had a trading volume of 11,478 shares, compared to its average volume of 7,498. C&F Financial Corporation has a fifty-two week low of $64.71 and a fifty-two week high of $92.00. The company has a market capitalization of $275.86 million, a PE ratio of 9.47 and a beta of 0.32. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.91 and a current ratio of 0.92. The business has a 50 day moving average price of $81.49 and a two-hundred day moving average price of $77.12.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.The business had revenue of $39.37 million during the quarter.

C&F Financial Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of C&F Financial in a report on Wednesday, June 24th. Wall Street Zen raised C&F Financial from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Institutional Investors Weigh In On C&F Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial during the fourth quarter worth about $500,000. 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 valued at $5,295,000 after purchasing an additional 509 shares during the last quarter. Empowered Funds LLC lifted its holdings 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 during the last quarter. Goldman Sachs Group Inc. boosted its position 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 during the period. Finally, Royal Bank of Canada boosted its position in shares of C&F Financial by 40.7% in 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 period. 37.23% of the stock is currently owned by institutional investors and hedge funds.

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.