Larry Dillon Sells 1,000 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) Chairman Larry Dillon sold 1,000 shares of the company’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $95.07, for a total transaction of $95,070.00. Following the completion of the sale, the chairman directly owned 33,058 shares of the company’s stock, valued at approximately $3,142,824.06. This trade represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

C&F Financial Stock Up 0.2%

Shares of C&F Financial stock opened at $93.65 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. The firm’s 50-day moving average is $85.16 and its two-hundred day moving average is $78.52. C&F Financial Corporation has a 1 year low of $64.71 and a 1 year high of $96.00. The stock has a market cap of $304.36 million, a price-to-earnings ratio of 10.45 and a beta of 0.33.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. C&F Financial had a net margin of 14.91% and a return on equity of 10.72%. The company had revenue of $39.37 million during the quarter.

C&F Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.1%. C&F Financial’s payout ratio is presently 21.43%.

Analysts Set New Price Targets

CFFI has been the subject of several recent analyst reports. Weiss Ratings raised C&F Financial from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday, August 19th. Wall Street Zen lowered shares of C&F Financial from a “buy” rating to a “hold” rating in a research report on Saturday, September 5th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Institutional Trading of C&F Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in shares of 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 valued at $5,295,000 after purchasing an additional 509 shares during the period. Empowered Funds LLC raised its stake in shares of C&F Financial by 7.1% in the first quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after purchasing an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of C&F Financial by 11.3% during the first quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after purchasing an additional 1,339 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of C&F Financial during the second quarter worth about $631,000. Finally, Siena Capital Partners GP LLC purchased a new stake in C&F Financial in the fourth quarter valued at approximately $500,000. Institutional investors and hedge funds 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.