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 Friday, September 4th. The stock was sold at an average price of $95.07, for a total transaction of $95,070.00. Following the transaction, the chairman owned 33,058 shares of the company's stock, valued at approximately $3,142,824.06. This trade represents a 2.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
C&F Financial Trading Down 1.5%
NASDAQ:CFFI opened at $93.50 on Wednesday. The stock has a market capitalization of $303.88 million, a price-to-earnings ratio of 10.44 and a beta of 0.33. C&F Financial Corporation has a 52 week low of $64.71 and a 52 week high of $96.00. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.42. The firm has a 50 day moving average of $84.96 and a 200 day moving average of $78.39.
C&F Financial (NASDAQ:CFFI - Get Free Report) last released 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 net margin of 14.91% and a return on equity of 10.72%. The business had revenue of $39.37 million for the quarter.
C&F Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.48 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.1%. C&F Financial's dividend payout ratio (DPR) is 21.43%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of C&F Financial by 110.3% during the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider's stock worth $4,483,000 after purchasing an additional 38,088 shares during the period. Bank of New York Mellon Corp acquired a new position in C&F Financial in the 2nd quarter worth approximately $631,000. Siena Capital Partners GP LLC acquired a new position in C&F Financial in the 4th quarter worth approximately $500,000. Squarepoint Ops LLC purchased a new position in C&F Financial during the 2nd quarter worth approximately $270,000. Finally, California State Teachers Retirement System lifted its stake in C&F Financial by 1,887.9% during the 2nd quarter. California State Teachers Retirement System now owns 3,280 shares of the financial services provider's stock valued at $262,000 after acquiring an additional 3,115 shares during the period. 37.23% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of C&F Financial from a "buy" rating to a "hold" rating in a report on Saturday. Weiss Ratings raised shares of C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a research report on Wednesday, August 19th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy".
Get Our Latest Stock 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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