C&F Financial Co. (NASDAQ:CFFI) Director D Anthony Peay Sells 254 Shares

C&F Financial Co. (NASDAQ:CFFI) Director D Anthony Peay sold 254 shares of the firm’s stock in a transaction on Monday, May 19th. The stock was sold at an average price of $68.04, for a total transaction of $17,282.16. Following the completion of the sale, the director now owns 2,064 shares of the company’s stock, valued at $140,434.56. The trade was a 10.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

C&F Financial Trading Down 2.1%

NASDAQ:CFFI opened at $66.30 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.88 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $214.81 million, a price-to-earnings ratio of 11.00 and a beta of 0.47. The firm has a fifty day simple moving average of $65.24 and a two-hundred day simple moving average of $71.42. C&F Financial Co. has a 12 month low of $41.48 and a 12 month high of $89.90.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings results on Thursday, April 24th. The financial services provider reported $1.66 EPS for the quarter. The business had revenue of $32.58 million during the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

C&F Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.78%. C&F Financial’s dividend payout ratio is currently 27.54%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of C&F Financial from a “buy” rating to a “hold” rating in a report on Monday, April 28th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CFFI. Ritholtz Wealth Management acquired a new position in shares of C&F Financial during the fourth quarter valued at about $218,000. Empowered Funds LLC grew its holdings in shares of C&F Financial by 5.0% during the fourth quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock valued at $1,012,000 after buying an additional 671 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of C&F Financial during the fourth quarter valued at about $1,598,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of C&F Financial by 10.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider’s stock valued at $366,000 after buying an additional 473 shares during the last quarter. Finally, Truffle Hound Capital LLC acquired a new position in shares of C&F Financial during the fourth quarter valued at about $5,344,000. 37.23% of the stock is currently owned by institutional investors and hedge funds.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.