C&F Financial (NASDAQ:CFFI) CEO Sells $37,500.00 in Stock

by · The Cerbat Gem

C&F Financial Corporation (NASDAQ:CFFIGet Free Report) CEO Thomas Cherry sold 500 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $75.00, for a total value of $37,500.00. Following the transaction, the chief executive officer directly owned 40,369 shares in the company, valued at approximately $3,027,675. This represents a 1.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

C&F Financial Stock Down 1.0%

NASDAQ:CFFI opened at $73.75 on Friday. The stock’s fifty day moving average price is $74.36 and its two-hundred day moving average price is $73.25. C&F Financial Corporation has a 52-week low of $57.09 and a 52-week high of $80.99. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.88. The company has a market cap of $239.69 million, a price-to-earnings ratio of 8.48 and a beta of 0.35.

C&F Financial (NASDAQ:CFFIGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $2.08 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.The firm had revenue of $36.26 million for the quarter.

C&F Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.92 annualized dividend and a yield of 2.6%. C&F Financial’s dividend payout ratio is currently 22.07%.

Institutional Trading of C&F Financial

Several institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in shares of C&F Financial by 46.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 195 shares during the last quarter. Geode Capital Management LLC raised its position in shares of C&F Financial by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after acquiring an additional 509 shares during the last quarter. Empowered Funds LLC raised its position in shares of C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock valued at $1,026,000 after acquiring an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of 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 last quarter. Finally, Royal Bank of Canada raised its position 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 acquiring an additional 1,550 shares during the last quarter. Institutional investors own 37.23% of the company’s stock.

Analyst Upgrades and Downgrades

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 MarketBeat.com, the stock has a consensus rating of “Hold”.

Read Our Latest Report on CFFI

C&F Financial Company Profile

(Get Free Report)

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.

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