C&F Financial (NASDAQ:CFFI) Chairman Larry Dillon Sells 1,000 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) Chairman Larry Dillon sold 1,000 shares of the business’s stock in a transaction that occurred on 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 sale, the chairman owned 34,058 shares of the company’s stock, valued at $2,928,988. This trade represents a 2.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

C&F Financial Stock Up 1.9%

CFFI stock opened at $88.84 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. C&F Financial Corporation has a 1-year low of $64.71 and a 1-year high of $92.00. The firm has a fifty day moving average price of $81.73 and a two-hundred day moving average price of $77.22. The firm has a market cap of $288.73 million, a price-to-earnings ratio of 9.92 and a beta of 0.32.

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

C&F Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.2%. C&F Financial’s dividend payout ratio is 21.43%.

Analyst Ratings Changes

Several analysts recently issued reports on CFFI shares. Weiss Ratings raised C&F Financial from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday. Wall Street Zen upgraded C&F Financial from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CFFI. BNP Paribas Financial Markets raised its stake in shares of C&F Financial by 370.0% during the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 333 shares in the last quarter. New York State Common Retirement Fund acquired a new stake in C&F Financial in the second quarter worth about $105,000. Rhumbline Advisers grew its position in C&F Financial by 2,137.3% in 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 in the last quarter. Royal Bank of Canada grew its position in 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 buying an additional 1,550 shares in the last quarter. Finally, Siena Capital Partners GP LLC acquired a new position in C&F Financial during the 4th quarter valued at about $500,000. Institutional investors own 37.23% of the company’s stock.

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.