Thomas Cherry Sells 500 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 500 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $75.00, for a total value of $37,500.00. Following the completion of the transaction, the chief executive officer owned 40,369 shares in the company, valued at approximately $3,027,675. This represents a 1.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

C&F Financial Price Performance

C&F Financial stock opened at $74.10 on Thursday. The business’s 50-day simple moving average is $74.21 and its 200 day simple moving average is $73.21. The stock has a market cap of $241.12 million, a price-to-earnings ratio of 8.52 and a beta of 0.35. C&F Financial Corporation has a 12-month low of $57.09 and a 12-month high of $80.99. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.31.

C&F Financial (NASDAQ:CFFI) last issued 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.48 per share. The ex-dividend date is Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. C&F Financial’s dividend payout ratio (DPR) is 22.07%.

Hedge Funds Weigh In On C&F Financial

Institutional investors have recently modified their holdings of the business. SummerHaven Investment Management LLC bought a new position in shares of C&F Financial during the 3rd quarter valued at about $854,000. Geode Capital Management LLC lifted its holdings in shares of 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 valued at $5,295,000 after purchasing an additional 509 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of 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 purchasing an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of 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 purchasing an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of 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 purchasing an additional 1,550 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated 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 data from MarketBeat, the stock has a consensus rating of “Hold”.

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.