Jason E. Long Buys 500 Shares of C&F Financial Co. (NASDAQ:CFFI) Stock

C&F Financial Co. (NASDAQ:CFFI) CFO Jason E. Long bought 500 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were bought at an average cost of $38.47 per share, for a total transaction of $19,235.00. Following the purchase, the chief financial officer now directly owns 10,200 shares in the company, valued at approximately $392,394. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

C&F Financial Trading Up 2.0 %

Shares of CFFI opened at $37.75 on Friday. The firm’s 50-day moving average price is $47.72 and its 200-day moving average price is $55.00. The firm has a market capitalization of $127.20 million, a price-to-earnings ratio of 6.23 and a beta of 0.32. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.24. C&F Financial Co. has a 1-year low of $33.51 and a 1-year high of $72.00.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. The firm had revenue of $30.65 million for the quarter. C&F Financial had a net margin of 13.29% and a return on equity of 10.01%.

C&F Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend was Thursday, March 14th. C&F Financial’s payout ratio is currently 29.04%.

Institutional Investors Weigh In On C&F Financial

Several hedge funds have recently bought and sold shares of CFFI. OLD Point Trust & Financial Services N A bought a new stake in C&F Financial during the fourth quarter worth about $48,000. Allspring Global Investments Holdings LLC bought a new stake in C&F Financial during the third quarter worth about $64,000. SG Americas Securities LLC purchased a new position in C&F Financial in the fourth quarter worth about $119,000. Ritholtz Wealth Management purchased a new position in C&F Financial in the third quarter worth about $235,000. Finally, BNP Paribas Financial Markets raised its holdings in C&F Financial by 42.7% in the fourth quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider’s stock worth $323,000 after buying an additional 1,415 shares during the last quarter. Institutional investors own 37.23% of the company’s stock.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.