C&F Financial (NASDAQ:CFFI) CEO Sells 900 Shares

C&F Financial Corporation (NASDAQ:CFFI) CEO S Dustin Crone sold 900 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $94.41, for a total transaction of $84,969.00. Following the completion of the transaction, the chief executive officer owned 8,378 shares in the company, valued at approximately $790,966.98. This represents a 9.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

C&F Financial Trading Up 0.4%

Shares of NASDAQ:CFFI traded up $0.42 during mid-day trading on Wednesday, reaching $93.92. 43,455 shares of the company were exchanged, compared to its average volume of 13,345. C&F Financial Corporation has a 1 year low of $64.71 and a 1 year high of $96.00. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. The firm’s 50-day simple moving average is $84.96 and its 200 day simple moving average is $78.39. The firm has a market cap of $305.41 million, a price-to-earnings ratio of 10.47 and a beta of 0.33.

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

C&F Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, September 15th. C&F Financial’s payout ratio is currently 21.43%.

Hedge Funds Weigh In On C&F Financial

Several hedge funds and other institutional investors have recently made changes to their positions in CFFI. Siena Capital Partners GP LLC purchased a new stake in shares of C&F Financial during the fourth quarter worth approximately $500,000. Geode Capital Management LLC lifted its stake 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 worth $5,295,000 after acquiring an additional 509 shares during the last quarter. New York State Common Retirement Fund acquired a new position in C&F Financial during the 2nd quarter worth approximately $105,000. Rhumbline Advisers grew its holdings 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 worth $196,000 after acquiring an additional 3,035 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in 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 worth $1,026,000 after acquiring an additional 1,015 shares in the last quarter. Hedge funds and other institutional investors own 37.23% of the company’s stock.

Analyst Ratings Changes

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

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.