C&F Financial (NASDAQ:CFFI) CEO Thomas Cherry Sells 200 Shares of Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 200 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $75.00, for a total value of $15,000.00. Following the transaction, the chief executive officer owned 40,169 shares in the company, valued at approximately $3,012,675. This trade represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

C&F Financial Trading Up 2.9%

Shares of NASDAQ:CFFI opened at $78.25 on Thursday. The company has a market cap of $254.31 million, a P/E ratio of 8.99 and a beta of 0.34. The stock’s 50-day moving average is $74.58 and its 200-day moving average is $73.55. C&F Financial Corporation has a 52-week low of $57.09 and a 52-week high of $80.99. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.90.

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

C&F Financial Announces Dividend

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

Institutional Investors Weigh In On C&F Financial

A number of institutional investors have recently bought and sold shares of CFFI. BNP Paribas Financial Markets boosted its holdings in C&F Financial by 370.0% during the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 333 shares in the last quarter. New York State Common Retirement Fund acquired a new stake in shares of C&F Financial in the 2nd quarter valued at $105,000. Rhumbline Advisers boosted its stake in shares of 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 valued at $196,000 after purchasing an additional 3,035 shares in the last quarter. Royal Bank of Canada boosted its stake 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 purchasing an additional 1,550 shares in the last quarter. Finally, Siena Capital Partners GP LLC acquired a new stake in shares of C&F Financial in the 4th quarter valued at $500,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

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 investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.