Key Points
- Director Elizabeth Kelley sold 1,025 shares of C&F Financial on May 13 at an average price of $73.00, totaling about $74,825. After the sale, she still owned 4,022 shares.
- C&F Financial reported solid quarterly results with EPS of $2.08 and revenue of $36.26 million, along with a net margin of 14.84% and return on equity of 11.03%.
- The company increased its quarterly dividend to $0.48 per share from $0.46 previously, giving it an annualized payout of $1.92 and a yield of 2.6%.
C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) Director Elizabeth Kelley sold 1,025 shares of the company's stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $73.00, for a total transaction of $74,825.00. Following the sale, the director directly owned 4,022 shares of the company's stock, valued at approximately $293,606. This represents a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
C&F Financial Price Performance
NASDAQ CFFI opened at $74.74 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $74.12 and a 200 day simple moving average of $72.92. The company has a market cap of $242.91 million, a P/E ratio of 8.59 and a beta of 0.35. C&F Financial Corporation has a 1 year low of $57.09 and a 1 year high of $80.99.
C&F Financial (NASDAQ:CFFI - Get 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. The business had revenue of $36.26 million during the quarter. C&F Financial had a net margin of 14.84% and a return on equity of 11.03%.
C&F Financial Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, March 13th. This is an increase from C&F Financial's previous quarterly dividend of $0.46. C&F Financial's dividend payout ratio is currently 22.07%.
Institutional Investors Weigh In On C&F Financial
Several large investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its holdings in 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 worth $5,295,000 after acquiring an additional 509 shares during the last quarter. Empowered Funds LLC grew its holdings in 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 worth $1,026,000 after acquiring an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in 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 worth $887,000 after acquiring an additional 1,339 shares during the last quarter. SummerHaven Investment Management LLC bought a new stake in C&F Financial during the 3rd quarter worth about $854,000. Finally, Siena Capital Partners GP LLC bought a new stake in C&F Financial during the 4th quarter worth about $500,000. Institutional investors own 37.23% of the company's stock.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "hold (c)" rating on shares of C&F Financial in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold".
View Our Latest Analysis 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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