C&F Financial (NASDAQ:CFFI) EVP Jason Long Sells 1,360 Shares

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

C&F Financial Trading Up 2.2%

CFFI stock traded up $1.62 during trading on Tuesday, hitting $76.18. 951 shares of the company traded hands, compared to its average volume of 4,255. The company has a 50-day moving average of $74.39 and a 200-day moving average of $73.43. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.90. C&F Financial Corporation has a 1 year low of $57.09 and a 1 year high of $80.99. The firm has a market capitalization of $247.89 million, a PE ratio of 8.76 and a beta of 0.34.

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

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 equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in shares of C&F Financial by 110.3% in the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after purchasing an additional 38,088 shares during the period. Siena Capital Partners GP LLC bought a new stake in C&F Financial during the 4th quarter valued at approximately $500,000. Rhumbline Advisers boosted its position in C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 3,035 shares in the last quarter. New York State Common Retirement Fund purchased a new position in shares of C&F Financial during the 2nd quarter worth approximately $105,000. Finally, Royal Bank of Canada raised its position in shares of 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 worth $361,000 after acquiring an additional 1,550 shares in the last quarter. 37.23% of the stock is owned by hedge funds and other institutional investors.

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.