C&F Financial Co. (NASDAQ:CFFI) CEO Sells $140,000.00 in Stock

C&F Financial Co. (NASDAQ:CFFI) CEO Thomas F. Cherry sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $70.00, for a total value of $140,000.00. Following the transaction, the chief executive officer now owns 39,059 shares of the company’s stock, valued at $2,734,130. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

C&F Financial Trading Down 1.4 %

Shares of C&F Financial stock traded down $1.01 on Thursday, reaching $69.63. The company had a trading volume of 1,784 shares, compared to its average volume of 12,613. The firm has a market cap of $227.69 million, a price-to-earnings ratio of 12.48 and a beta of 0.36. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.90 and a quick ratio of 0.88. The firm’s 50-day moving average price is $59.45 and its two-hundred day moving average price is $51.81. C&F Financial Co. has a 1 year low of $33.51 and a 1 year high of $72.00.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $1.65 EPS for the quarter. The firm had revenue of $33.46 million during the quarter. C&F Financial had a return on equity of 8.68% and a net margin of 11.39%.

C&F Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date was Friday, September 13th. C&F Financial’s dividend payout ratio is currently 31.10%.

Institutional Investors Weigh In On C&F Financial

A number of institutional investors and hedge funds have recently modified their holdings of CFFI. Allspring Global Investments Holdings LLC bought a new stake in shares of C&F Financial during the 2nd quarter worth approximately $31,000. Clearstead Trust LLC bought a new stake in shares of C&F Financial during the 1st quarter worth approximately $47,000. Cubist Systematic Strategies LLC bought a new stake in shares of C&F Financial during the 2nd quarter worth approximately $201,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of C&F Financial during the 2nd quarter worth approximately $206,000. Finally, Squarepoint Ops LLC bought a new stake in shares of C&F Financial during the 2nd quarter worth approximately $374,000. 37.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded C&F Financial from a “hold” rating to a “buy” rating in a report on Thursday, October 31st.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.