C&F Financial (NASDAQ:CFFI) CEO S Dustin Crone Sells 900 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO S Dustin Crone sold 900 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $94.41, for a total value of $84,969.00. Following the transaction, the chief executive officer directly owned 8,378 shares of the company’s stock, valued at approximately $790,966.98. The trade was a 9.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

C&F Financial Stock Up 0.2%

Shares of CFFI stock opened at $93.65 on Thursday. 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 quick ratio of 0.91 and a current ratio of 0.92. The business’s fifty day moving average is $85.16 and its 200-day moving average is $78.52. The stock has a market cap of $304.36 million, a PE ratio of 10.45 and a beta of 0.33.

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

C&F Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 15th. C&F Financial’s dividend payout ratio is presently 21.43%.

Analysts Set New Price Targets

CFFI has been the topic of several recent research reports. Wall Street Zen cut shares of C&F Financial from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Weiss Ratings upgraded shares of 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, C&F Financial presently has an average rating of “Buy”.

Institutional Trading of C&F Financial

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in C&F Financial by 110.3% during the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after acquiring an additional 38,088 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in C&F Financial during the second quarter valued at approximately $631,000. Siena Capital Partners GP LLC acquired a new position in C&F Financial in the 4th quarter valued at approximately $500,000. Squarepoint Ops LLC purchased a new stake in C&F Financial in the 2nd quarter worth approximately $270,000. Finally, California State Teachers Retirement System lifted its position in C&F Financial by 1,887.9% in the 2nd quarter. California State Teachers Retirement System now owns 3,280 shares of the financial services provider’s stock worth $262,000 after buying an additional 3,115 shares in the last quarter. Institutional investors and hedge funds own 37.23% of the company’s stock.

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.