Key Points
- C&F Financial director D. Anthony Peay sold 425 shares at an average price of $85.92, generating $36,516 and reducing his direct ownership by 18.68% to 1,850 shares.
- C&F Financial reported quarterly earnings of $2.40 per share on revenue of $39.37 million, with a 14.91% net margin and 10.90% return on equity.
- The company pays a quarterly dividend of $0.48, equal to $1.92 annually and a 2.2% yield; analysts maintain a consensus “Hold” rating.
C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) Director D Anthony Peay sold 425 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $85.92, for a total transaction of $36,516.00. Following the sale, the director directly owned 1,850 shares of the company's stock, valued at approximately $158,952. The trade was a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
C&F Financial Stock Performance
Shares of CFFI stock opened at $87.94 on Friday. C&F Financial Corporation has a 12 month low of $64.00 and a 12 month high of $89.76. 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 firm has a market capitalization of $285.81 million, a P/E ratio of 9.81 and a beta of 0.32. The company's fifty day moving average price is $79.42 and its two-hundred day moving average price is $76.23.
C&F Financial (NASDAQ:CFFI - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share for the quarter. The company had revenue of $39.37 million during the quarter. C&F Financial had a net margin of 14.91% and a return on equity of 10.90%.
C&F Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were issued a $0.48 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.2%. C&F Financial's dividend payout ratio is currently 21.43%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a "hold (c)" rating on shares of C&F Financial in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold".
Read Our Latest Research Report on CFFI
Institutional Trading of C&F Financial
Several institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its stake in 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 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 in the last quarter. Empowered Funds LLC increased its position in shares of C&F Financial by 7.1% in the 1st 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. increased its position 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 purchasing an additional 1,339 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider's stock valued at $361,000 after purchasing an additional 1,550 shares in the last quarter. 37.23% of the stock is owned by institutional investors and hedge funds.
About C&F Financial
(
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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