C&F Financial (NASDAQ:CFFI) Director Sells $74,825.00 in Stock

C&F Financial Corporation (NASDAQ:CFFI) Director Elizabeth Kelley sold 1,025 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $73.00, for a total value of $74,825.00. Following the sale, the director directly owned 4,022 shares of the company’s stock, valued at $293,606. The trade was a 20.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

C&F Financial Stock Performance

Shares of CFFI opened at $72.11 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $234.36 million, a price-to-earnings ratio of 8.29 and a beta of 0.35. The stock has a 50 day moving average of $74.12 and a 200 day moving average of $72.96. C&F Financial Corporation has a 12 month low of $57.09 and a 12 month high of $80.99.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $2.08 EPS for the quarter. The company 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 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were paid a $0.48 dividend. The ex-dividend date was Friday, March 13th. This is a boost from C&F Financial’s previous quarterly dividend of $0.46. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. C&F Financial’s dividend payout ratio is presently 22.07%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Hedge Funds Weigh In On C&F Financial

Hedge funds have recently made changes to their positions in the stock. SummerHaven Investment Management LLC purchased a new position in shares of C&F Financial in the third quarter valued at $854,000. Rhumbline Advisers grew its position in shares of C&F Financial by 2,137.3% in the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 3,035 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of C&F Financial by 46.1% in the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 195 shares in the last quarter. Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial in the fourth quarter valued at $500,000. Finally, Geode Capital Management LLC grew its position in shares of C&F Financial by 110.3% in the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after purchasing an additional 38,088 shares in the last quarter. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

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.