Thomas Cherry Sells 200 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 200 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $75.00, for a total value of $15,000.00. Following the transaction, the chief executive officer directly owned 40,169 shares of the company’s stock, valued at $3,012,675. The trade was a 0.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

C&F Financial Stock Performance

Shares of NASDAQ CFFI opened at $77.08 on Friday. The stock’s 50-day moving average is $74.66 and its 200 day moving average is $73.60. The stock 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 Corporation has a 1-year low of $57.09 and a 1-year 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.

C&F Financial (NASDAQ:CFFI) last released its earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share for the quarter. The company had revenue of $36.26 million during 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.48 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. C&F Financial’s payout ratio is presently 22.07%.

Institutional Trading of C&F Financial

Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in C&F Financial by 0.7% in the fourth 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 boosted its stake in shares of C&F Financial by 7.1% during the first 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 period. Goldman Sachs Group Inc. grew its holdings in shares of C&F Financial by 11.3% in the first 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 last quarter. Siena Capital Partners GP LLC bought a new position in shares of C&F Financial in the fourth quarter worth approximately $500,000. Finally, Royal Bank of Canada increased its stake in shares of C&F Financial by 40.7% in the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after buying an additional 1,550 shares during the period. Institutional investors own 37.23% of the company’s stock.

Analyst Ratings Changes

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