C&F Financial (NASDAQ:CFFI) Chairman Larry Dillon Sells 1,000 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) Chairman Larry Dillon sold 1,000 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $95.07, for a total transaction of $95,070.00. Following the completion of the sale, the chairman directly owned 33,058 shares in the company, valued at approximately $3,142,824.06. This represents a 2.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

C&F Financial Price Performance

CFFI stock opened at $93.50 on Wednesday. C&F Financial Corporation has a 12 month low of $64.71 and a 12 month high of $96.00. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $84.96 and a 200 day moving average price of $78.39. The stock has a market cap of $303.88 million, a PE ratio of 10.44 and a beta of 0.33.

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

C&F Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders 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 2.1%. The ex-dividend date is Tuesday, September 15th. C&F Financial’s dividend payout ratio is presently 21.43%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CFFI shares. Wall Street Zen cut C&F Financial from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings upgraded C&F Financial from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Institutional Trading of C&F Financial

Several hedge funds and other institutional investors have recently bought and sold shares of CFFI. Siena Capital Partners GP LLC bought a new position in shares of C&F Financial in the 4th quarter worth $500,000. Geode Capital Management LLC boosted its position in C&F Financial by 0.7% during the fourth 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. New York State Common Retirement Fund bought a new stake in C&F Financial during the second quarter valued at about $105,000. Rhumbline Advisers grew its stake in 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 during the last quarter. Finally, Empowered Funds LLC grew its stake in C&F Financial by 7.1% in the first 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 during the last quarter. Institutional investors own 37.23% of the company’s stock.

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.