C&F Financial (NASDAQ:CFFI) Stock Passes Above 50-Day Moving Average – Should You Sell?

C&F Financial Corporation (NASDAQ:CFFI)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $76.22 and traded as high as $81.11. C&F Financial shares last traded at $80.00, with a volume of 2,877 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

C&F Financial Price Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 0.90 and a quick ratio of 0.88. The firm has a fifty day moving average of $76.22 and a two-hundred day moving average of $74.71. The stock has a market capitalization of $260 million, a P/E ratio of 9.20 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share (EPS) for the quarter. The company had revenue of $36.26 million for the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.03%.

C&F Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were paid a dividend of $0.48 per share. The ex-dividend date was Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.4%. C&F Financial’s dividend payout ratio (DPR) is currently 22.07%.

Insider Activity at C&F Financial

In other C&F Financial news, Director Elizabeth R. Kelley sold 1,025 shares of the stock in a transaction 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 sale, the director owned 4,022 shares of the company’s stock, valued at approximately $293,606. This trade represents a 20.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas F. Cherry sold 678 shares of C&F Financial stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $75.56, for a total value of $51,229.68. Following the completion of the transaction, the chief executive officer owned 39,869 shares in the company, valued at $3,012,501.64. This represents a 1.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,263 shares of company stock valued at $320,344 over the last ninety days. 6.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On C&F Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in shares of 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 valued at $5,295,000 after buying an additional 509 shares during the last quarter. Empowered Funds LLC grew its position in shares of 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 worth $1,026,000 after buying an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after acquiring an additional 1,339 shares in the last quarter. Siena Capital Partners GP LLC bought a new position in shares of C&F Financial during the 4th quarter worth approximately $500,000. Finally, Royal Bank of Canada lifted its position 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 valued at $361,000 after acquiring an additional 1,550 shares during the last quarter. Hedge funds and other institutional investors own 37.23% of the company’s stock.

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.