C&F Financial (NASDAQ:CFFI) EVP Sells $102,680.00 in Stock

C&F Financial Corporation (NASDAQ:CFFI) EVP Jason Long sold 1,360 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $75.50, for a total value of $102,680.00. Following the transaction, the executive vice president directly owned 10,083 shares in the company, valued at approximately $761,266.50. The trade was a 11.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

C&F Financial Price Performance

CFFI opened at $77.08 on Friday. The stock’s 50-day moving average price is $74.66 and its 200 day moving average price is $73.60. C&F Financial Corporation has a 12-month low of $57.09 and a 12-month high of $80.99. 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 firm has a market cap of $250.51 million, a price-to-earnings ratio of 8.86 and a beta of 0.34.

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

C&F Financial Announces Dividend

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

Institutional Investors Weigh In On C&F Financial

Several large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its holdings in C&F Financial by 46.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 195 shares during the period. Geode Capital Management LLC increased its holdings in 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 worth $5,295,000 after purchasing an additional 509 shares during the period. Empowered Funds LLC increased its holdings 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 worth $1,026,000 after purchasing an additional 1,015 shares during the period. Goldman Sachs Group Inc. increased its holdings 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 worth $887,000 after purchasing an additional 1,339 shares during the period. Finally, 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 period. Hedge funds and other institutional investors own 37.23% of the company’s stock.

Analyst Ratings Changes

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