Thomas Cherry Sells 200 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 200 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $75.00, for a total value of $15,000.00. Following the completion of the sale, the chief executive officer owned 40,169 shares of the company’s stock, valued at approximately $3,012,675. This trade represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

C&F Financial Price Performance

Shares of NASDAQ:CFFI traded up $1.95 during midday trading on Wednesday, reaching $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 fifty-two week low of $57.09 and a fifty-two week high of $80.99. The company has a market capitalization of $253.50 million, a P/E ratio of 8.97 and a beta of 0.34. 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’s fifty day simple moving average is $74.47 and its 200-day simple moving average is $73.49.

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

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders 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 dividend yield of 2.5%. C&F Financial’s dividend payout ratio (DPR) is 22.07%.

Analysts Set New Price Targets

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

Institutional Trading of C&F Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Siena Capital Partners GP LLC acquired a new stake in C&F Financial in the fourth quarter worth about $500,000. Geode Capital Management LLC increased its position in C&F Financial by 0.7% in 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 during the period. BNP Paribas Financial Markets increased its position in C&F Financial by 46.1% in the third quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 195 shares during the period. New York State Common Retirement Fund acquired a new stake in C&F Financial in the second quarter worth about $105,000. Finally, Rhumbline Advisers grew its position in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after buying an additional 3,035 shares during the period. 37.23% of the stock is currently owned by institutional investors and hedge funds.

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.