C&F Financial (NASDAQ:CFFI) CEO Sells $51,229.68 in Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 678 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $75.56, for a total transaction of $51,229.68. Following the sale, the chief executive officer owned 39,869 shares in the company, valued at $3,012,501.64. The trade was a 1.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

C&F Financial Price Performance

Shares of C&F Financial stock traded up $1.95 on Wednesday, hitting $78.00. The company’s stock had a trading volume of 18,921 shares, compared to its average volume of 4,434. C&F Financial Corporation has a 52-week low of $57.09 and a 52-week high of $80.99. 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 fifty day moving average price of $74.47 and a 200-day moving average price of $73.49. The company has a market capitalization of $253.50 million, a P/E ratio of 8.97 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $2.08 EPS for the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.03%. The business had revenue of $36.26 million for the quarter.

C&F Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.48 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.5%. C&F Financial’s payout ratio is currently 22.07%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CFFI. Geode Capital Management LLC increased its position 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 worth $4,483,000 after purchasing an additional 38,088 shares in the last quarter. Siena Capital Partners GP LLC purchased a new position in C&F Financial in the 4th quarter worth approximately $500,000. Rhumbline Advisers boosted its holdings in C&F Financial by 2,137.3% in 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 during the period. New York State Common Retirement Fund purchased a new position in C&F Financial in the 2nd quarter worth approximately $105,000. Finally, Royal Bank of Canada boosted its holdings in 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 worth $361,000 after acquiring an additional 1,550 shares during the period. 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.