C&F Financial (NASDAQ:CFFI) CEO Thomas Cherry Sells 678 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 678 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $75.56, for a total value of $51,229.68. Following the transaction, the chief executive officer directly owned 39,869 shares in the company, valued at $3,012,501.64. This trade represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

C&F Financial Stock Up 2.9%

Shares of NASDAQ:CFFI opened at $78.25 on Thursday. 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 stock has a market capitalization of $254.31 million, a P/E ratio of 8.99 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. The stock’s 50-day moving average price is $74.58 and its 200-day moving average price is $73.55.

C&F Financial (NASDAQ:CFFI) last announced 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 company had revenue of $36.26 million for the quarter.

C&F Financial Announces Dividend

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

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

Institutional Trading of C&F Financial

Several large investors have recently bought and sold shares of CFFI. Royal Bank of Canada boosted 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 acquiring an additional 1,550 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after acquiring an additional 1,339 shares in the last quarter. Empowered Funds LLC boosted its position in C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after acquiring an additional 1,015 shares in the last quarter. Geode Capital Management LLC boosted its position 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 acquiring an additional 38,088 shares in the last quarter. Finally, Rhumbline Advisers boosted its position 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 acquiring an additional 3,035 shares in the last quarter. 37.23% of the stock is 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.