C&F Financial (NASDAQ:CFFI) CEO Thomas Cherry Sells 141 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFIGet Free Report) CEO Thomas Cherry sold 141 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $77.50, for a total transaction of $10,927.50. Following the transaction, the chief executive officer owned 39,369 shares of the company’s stock, valued at approximately $3,051,097.50. This trade represents a 0.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

C&F Financial Trading Down 3.7%

NASDAQ CFFI opened at $74.34 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31. The firm has a market cap of $241.61 million, a PE ratio of 8.54 and a beta of 0.34. The company has a 50 day moving average price of $74.80 and a 200 day moving average price of $73.69. C&F Financial Corporation has a 52 week low of $57.09 and a 52 week high of $80.99.

C&F Financial (NASDAQ:CFFIGet Free Report) last released its earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share for the quarter. The company had revenue of $36.26 million for the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.03%.

C&F Financial Announces Dividend

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 given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. C&F Financial’s payout ratio is currently 22.07%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued 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, Based on data from MarketBeat.com, C&F Financial presently has a consensus rating of “Hold”.

Read Our Latest Analysis on C&F Financial

Institutional Trading of C&F Financial

Several large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets grew its position in C&F Financial by 46.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 195 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of C&F Financial by 0.7% in 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 acquiring an additional 509 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after acquiring an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of 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 acquiring an additional 1,339 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings 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 valued at $361,000 after acquiring an additional 1,550 shares during the last quarter. Hedge funds and other institutional investors own 37.23% of the company’s stock.

About C&F Financial

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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.

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Insider Buying and Selling by Quarter for C&F Financial (NASDAQ:CFFI)

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