S Dustin Crone Sells 900 Shares of C&F Financial (NASDAQ:CFFI) Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO S Dustin Crone sold 900 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $94.41, for a total value of $84,969.00. Following the transaction, the chief executive officer directly owned 8,378 shares of the company’s stock, valued at approximately $790,966.98. This trade represents a 9.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

C&F Financial Trading Down 0.0%

C&F Financial stock opened at $93.62 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.42. The business’s fifty day simple moving average is $85.38 and its two-hundred day simple moving average is $78.64. C&F Financial Corporation has a 12 month low of $64.71 and a 12 month high of $96.00. The company has a market capitalization of $304.26 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 results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share for the quarter. C&F Financial had a return on equity of 10.72% 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 disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 15th. C&F Financial’s dividend payout ratio is 21.43%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On C&F Financial

A number of large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in shares of C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after buying an additional 1,550 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of C&F Financial by 11.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after buying an additional 1,339 shares during the last quarter. Empowered Funds LLC grew its holdings 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 acquiring an additional 1,015 shares during the period. Geode Capital Management LLC grew its holdings in shares of C&F Financial by 110.3% in the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after acquiring an additional 38,088 shares during the period. Finally, Rhumbline Advisers increased its position in C&F Financial by 2,137.3% during the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 3,035 shares during the last quarter. Institutional investors own 37.23% of the company’s stock.

C&F Financial Company Profile

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.