Thomas Cherry Sells 329 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 329 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $78.50, for a total value of $25,826.50. Following the completion of the sale, the chief executive officer directly owned 39,540 shares in the company, valued at approximately $3,103,890. The trade was a 0.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

C&F Financial Price Performance

Shares of NASDAQ:CFFI opened at $77.08 on Friday. The business’s fifty day moving average price is $74.66 and its two-hundred day moving average price is $73.60. The stock has a market cap of $250.51 million, a PE ratio of 8.86 and a beta of 0.34. 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 Corporation has a one year low of $57.09 and a one year high of $80.99.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $2.08 EPS for the quarter. The firm 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, June 15th. C&F Financial’s dividend payout ratio is 22.07%.

Institutional Investors Weigh In On C&F Financial

A number of large investors have recently bought and sold shares of CFFI. Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial during the 4th quarter worth $500,000. Geode Capital Management LLC lifted its stake in shares of C&F Financial by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock worth $5,295,000 after purchasing an additional 509 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of C&F Financial by 46.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 195 shares during the period. New York State Common Retirement Fund purchased a new position in shares of C&F Financial during the 2nd quarter worth $105,000. Finally, Rhumbline Advisers lifted its stake in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares during the period. Institutional investors and hedge funds own 37.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, C&F Financial currently 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.