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 business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $78.50, for a total transaction of $25,826.50. Following the completion of the sale, the chief executive officer owned 39,540 shares in the company, valued at $3,103,890. This represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

C&F Financial Price Performance

Shares of C&F Financial stock traded up $1.95 on Wednesday, hitting $78.00. The company’s stock had a trading volume of 18,921 shares, compared to its average volume of 4,434. C&F Financial Corporation has a 52-week low of $57.09 and a 52-week high of $80.99. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31. The firm has a fifty day moving average price of $74.47 and a 200-day moving average price of $73.49. The company has a market capitalization of $253.50 million, a P/E ratio of 8.97 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last released 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 for the quarter.

C&F Financial Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Siena Capital Partners GP LLC purchased a new position in C&F Financial in the 4th quarter valued at about $500,000. Geode Capital Management LLC lifted its holdings in C&F Financial by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after purchasing an additional 509 shares in the last quarter. Empowered Funds LLC lifted its holdings in C&F Financial by 7.1% in the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after purchasing an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in C&F Financial by 11.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock valued at $887,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in 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. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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