C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) Chairman Larry Dillon sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $86.00, for a total value of $86,000.00. Following the sale, the chairman directly owned 34,058 shares in the company, valued at approximately $2,928,988. The trade was a 2.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
C&F Financial Stock Performance
CFFI opened at $88.84 on Friday. The company has a market capitalization of $288.73 million, a price-to-earnings ratio of 9.92 and a beta of 0.32. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. C&F Financial Corporation has a 1-year low of $64.71 and a 1-year high of $92.00. The business has a 50 day moving average price of $81.73 and a two-hundred day moving average price of $77.22.
C&F Financial (NASDAQ:CFFI - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 10.72% and a net margin of 14.91%.The company had revenue of $39.37 million for the quarter.
C&F Financial Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.92 annualized dividend and a yield of 2.2%. C&F Financial's dividend payout ratio (DPR) is currently 21.43%.
Analysts Set New Price Targets
Several brokerages have commented on CFFI. Weiss Ratings upgraded shares of C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a research report on Wednesday. Wall Street Zen raised shares of C&F Financial from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, C&F Financial has an average rating of "Buy".
Get Our Latest Stock Report on CFFI
Institutional Investors Weigh In On C&F Financial
Institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC lifted 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 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 period. 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 valued at $887,000 after purchasing an additional 1,339 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of C&F Financial during the second quarter valued at $631,000. Finally, Siena Capital Partners GP LLC acquired a new position in shares of C&F Financial in the 4th quarter valued at $500,000. Institutional investors and hedge funds own 37.23% of the company's stock.
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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