Thomas Cherry Sells 500 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 500 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $87.13, for a total value of $43,565.00. Following the completion of the sale, the chief executive officer directly owned 38,869 shares in the company, valued at $3,386,655.97. This trade represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

C&F Financial Price Performance

Shares of NASDAQ:CFFI opened at $87.94 on Friday. C&F Financial Corporation has a 1-year low of $64.00 and a 1-year high of $89.76. 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 business has a fifty day moving average price of $79.42 and a 200-day moving average price of $76.23. The company has a market capitalization of $285.81 million, a PE ratio of 9.81 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 10.90% and a net margin of 14.91%.The firm had revenue of $39.37 million during the quarter.

C&F Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were issued a $0.48 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.92 annualized dividend and a yield of 2.2%. C&F Financial’s payout ratio is 21.43%.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC increased 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 worth $5,295,000 after buying an additional 509 shares in the last quarter. Empowered Funds LLC raised its position 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 worth $1,026,000 after buying an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in 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 valued at $887,000 after acquiring an additional 1,339 shares during the period. Bank of New York Mellon Corp bought a new position in C&F Financial during the 2nd quarter valued at about $631,000. Finally, Siena Capital Partners GP LLC purchased a new stake in shares of C&F Financial during the 4th quarter valued at about $500,000. 37.23% of the stock is owned by institutional investors.

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.