C&F Financial (NASDAQ:CFFI) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

C&F Financial Corporation (NASDAQ:CFFI) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $78.15 and traded as high as $95.99. C&F Financial shares last traded at $94.89, with a volume of 34,875 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of C&F Financial from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings raised C&F Financial from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

C&F Financial Price Performance

The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.42. The company’s 50 day moving average is $84.46 and its 200 day moving average is $78.15. The firm has a market capitalization of $308.58 million, a price-to-earnings ratio of 10.59 and a beta of 0.33.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. The business 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 Announces Dividend

The firm 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 2.0%. C&F Financial’s dividend payout ratio (DPR) is currently 21.43%.

Insider Buying and Selling at C&F Financial

In related news, Director D Anthony Peay sold 425 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $85.92, for a total value of $36,516.00. Following the completion of the sale, the director directly owned 1,850 shares in the company, valued at approximately $158,952. The trade was a 18.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Larry G. 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 approximately $2,928,988. This trade represents a 2.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,953 shares of company stock valued at $326,416 in the last three months. Corporate insiders own 6.40% of the company’s stock.

Institutional Trading of C&F Financial

Several large investors have recently modified their holdings of CFFI. Siena Capital Partners GP LLC acquired a new position in C&F Financial in the fourth quarter valued at about $500,000. Geode Capital Management LLC grew its stake in C&F Financial by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after buying an additional 509 shares in the last quarter. Empowered Funds LLC grew its stake in 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 worth $1,026,000 after buying an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in 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 buying an additional 1,339 shares during the period. Finally, Royal Bank of Canada increased its holdings 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 during the period. 37.23% of the stock is 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.