C&F Financial (NASDAQ:CFFI) EVP Jason Long Sells 1,360 Shares

C&F Financial Corporation (NASDAQ:CFFI) EVP Jason Long sold 1,360 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $75.50, for a total transaction of $102,680.00. Following the completion of the transaction, the executive vice president directly owned 10,083 shares of the company’s stock, valued at approximately $761,266.50. The trade was a 11.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

C&F Financial Trading Up 2.0%

NASDAQ CFFI opened at $76.05 on Wednesday. The firm has a 50 day simple moving average of $74.47 and a 200-day simple moving average of $73.49. 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. The firm has a market cap of $247.16 million, a price-to-earnings ratio of 8.74 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last posted 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 during the quarter.

C&F Financial Announces Dividend

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

Institutional Trading of C&F Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Siena Capital Partners GP LLC acquired a new stake in C&F Financial during the fourth quarter worth approximately $500,000. Geode Capital Management LLC raised its holdings in C&F Financial by 0.7% during the fourth 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 in the last quarter. Empowered Funds LLC raised its holdings in C&F Financial by 7.1% during the first quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after purchasing an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in C&F Financial by 11.3% during the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in C&F Financial by 40.7% during the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 1,550 shares in the last quarter. Institutional investors and hedge funds own 37.23% of the company’s stock.

Wall Street Analyst Weigh In

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

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.