C&F Financial (NASDAQ:CFFI) Director Sells $74,825.00 in Stock

C&F Financial Corporation (NASDAQ:CFFI) Director Elizabeth Kelley sold 1,025 shares of C&F Financial stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $73.00, for a total transaction of $74,825.00. Following the completion of the sale, the director directly owned 4,022 shares of the company’s stock, valued at $293,606. The trade was a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

C&F Financial Trading Up 3.6%

CFFI stock traded up $2.57 during midday trading on Wednesday, hitting $74.74. The stock had a trading volume of 4,744 shares, compared to its average volume of 4,185. The firm has a market cap of $243.35 million, a PE ratio of 8.59 and a beta of 0.35. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.91 and a quick ratio of 0.89. C&F Financial Corporation has a 12-month low of $57.09 and a 12-month high of $80.99. The company’s 50-day moving average price is $74.12 and its 200 day moving average price is $72.86.

C&F Financial (NASDAQ:CFFI) last released 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 during the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.19%.

C&F Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, March 13th. This is an increase from C&F Financial’s previous quarterly dividend of $0.46. C&F Financial’s dividend payout ratio is presently 22.07%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a research note on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Hedge Funds Weigh In On C&F Financial

A number of hedge funds have recently made changes to their positions in CFFI. BNP Paribas Financial Markets boosted its holdings in shares of C&F Financial by 370.0% in the 2nd 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 during the last quarter. New York State Common Retirement Fund acquired a new position in shares of C&F Financial in the 2nd quarter valued at $105,000. Rhumbline Advisers boosted its holdings 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 during the last quarter. Royal Bank of Canada boosted its holdings 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 during the last quarter. Finally, Siena Capital Partners GP LLC acquired a new position 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.

C&F Financial Company Profile

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.