Insider Selling: C&F Financial (NASDAQ:CFFI) Chairman Sells $86,000.00 in Stock

C&F Financial Corporation (NASDAQ:CFFIGet Free Report) Chairman Larry Dillon sold 1,000 shares of C&F Financial stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $86.00, for a total transaction of $86,000.00. Following the sale, the chairman directly owned 34,058 shares in the company, valued at $2,928,988. This trade represents a 2.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

C&F Financial Stock Performance

NASDAQ:CFFI opened at $84.94 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91. The firm has a 50-day moving average of $81.88 and a two-hundred day moving average of $77.27. The stock has a market cap of $276.06 million, a P/E ratio of 9.48 and a beta of 0.32. C&F Financial Corporation has a 1-year low of $64.71 and a 1-year high of $92.00.

C&F Financial (NASDAQ:CFFIGet Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share 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 during the quarter.

C&F Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. C&F Financial’s dividend payout ratio (DPR) is 21.43%.

Wall Street Analysts Forecast Growth

CFFI has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of C&F Financial from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday. Wall Street Zen upgraded shares of C&F Financial from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, C&F Financial currently has an average rating of “Buy”.

Read Our Latest Research Report on C&F Financial

Institutional Trading of C&F Financial

Several hedge funds and other institutional investors have recently bought and sold shares of CFFI. Bank of New York Mellon Corp acquired a new stake in C&F Financial during the second quarter valued at approximately $631,000. Siena Capital Partners GP LLC acquired a new position in shares of C&F Financial in the 4th quarter worth approximately $500,000. Geode Capital Management LLC increased its holdings in shares of C&F Financial by 0.7% in 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. BNP Paribas Financial Markets increased its holdings in shares of C&F Financial by 46.1% in 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. Finally, New York State Common Retirement Fund acquired a new stake in shares of C&F Financial during the 2nd quarter valued at approximately $105,000. 37.23% of the stock is owned by institutional investors.

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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Insider Buying and Selling by Quarter for C&F Financial (NASDAQ:CFFI)

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